April 28, 2020 / 4:28 PM / a month ago

BRIEF-IGE + XAO Q1 Consolidated Turnover Down At 8.4 Million Euros

April 28 (Reuters) - IGE + XAO SA:

* EXPECTS A SUBSTANTIAL DROP IN ACTIVITY OVER Q2 OF 2020

* OVER Q1 2020, CONSOLIDATED TURNOVER 8,369,565 EUROS, DOWN 1.7% COMPARED TO YEAR 2019

* TO NOT DISTRIBUTE DIVIDEND OF 1.55 EUROS PER SHARE THAT WAS INITIALLY PROPOSED

* AT 31 DEC 2019 WITH EQUITY REACHING 41 MILLION EUROS, NO BANK DEBT AND CASH FLOW OF NEARLY 40 MILLION EUROS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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