Metair sees opportunities from COVID-19 outbreak

Metair reported a full year revenue increase of 9.4 per cent to R11.2 billion and sited that its 2020 vehicle production volumes will be down but it is optimistic about the next 3 years as they have secured contracts for new model launches with Mercedes Benz, Nissan and VW, but could the Covid-19 pandemic, Eskom and the global economic crisis pose a bigger risk to the business? Metair CEO, Theo Loock joins CNBC Africa for more.

Wed, 18 Mar 2020 11:03:10 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.