Nordea On Your Mind: Covid-19 effects on Nordic corporates
In our previous NOYM report ‘Coronavirus and supply chains’ from 5 March, we highlighted risks to the economy in the event of further spread and resulting containment efforts. This is now reality. We revisit the topic and look more closely at how Nordic corporates will be affected, with a massive profit and cash flow slump in Q2, how they should secure liquidity, funding and equity to get through the crisis, and how they will need to rethink they global supply chains and footprints.