May 15, 2020 / 5:20 AM / 12 days ago

BRIEF-M2I Q1 Revenue Down At 7.6 Million Euros

May 15 - M2I SA:

* Q1 REVENUE EUR 7.6 MLN VS EUR 10.5 MLN YR AGO

* SIGNIFICANT IMPACT OF PENSION REFORM STRIKES IN FRANCE AND COVID-19 ON Q1 TURNOVER, DOWN 27.6%

* EXPECTS TO REOPEN ITS 35 CENTRES IN FRANCE ON JUNE 2

* HAS OBTAINED STATE GUARANTEED BANK LOAN FOR EUR 2.5 MLN AND LOAN FROM BPI FOR EUR 2.5 MLN TO FACE HEALTH CRISIS

Source text for Eikon: Further company coverage:

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