Reuters logo
BRIEF-Latam Autos says operations in Peru are expected to be maintained at cash flow breakeven in 2017
April 13, 2017 / 10:41 AM / 7 months ago

BRIEF-Latam Autos says operations in Peru are expected to be maintained at cash flow breakeven in 2017

April 13 (Reuters) - Latam Autos Ltd:

* Operations in Peru are expected to be maintained at cash flow breakeven in 2017

* Expenditure in Argentina and Panama will be reduced to minimal levels with closure of local offices in 2017

* Argentina and panama domains and organic revenues are expected to be maintained to provide future optionality in 2017

* Senior management remuneration will also be reduced by 25% Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below