April 29, 2020 / 5:54 AM / a month ago

BRIEF-Spie Q1 EBITA Rises To 58.4‍​ Million Euros

April 29 (Reuters) - SPIE SA:

* Q1 GROUP REVENUE EUR 1.60‍​ BILLION VERSUS EUR 1.56 BILLION YEAR AGO

* Q1 EBITA EUR 58.4‍​ MILLION VERSUS EUR 56.9 MILLION (IFRS 16) YEAR AGO

* EUR 1.4 BN LIQUIDITY AT THE BEGINNING OF 2020

* COVID-19 IMPACT MAINLY LOCATED IN FRANCE, STRONGLY AFFECTED BY CONTAINMENT SINCE MID-MARCH

* STRONGER IMPACT ANTICIPATED IN Q2 IN FRANCE, GERMANY AND THE NETHERLANDS, UNDER LOCKDOWN

* NO DEBT MATURITY BEFORE 2023

* FIRST IMPACTS FROM COVID-19 CRISIS: CONTRASTED ACROSS COUNTRIES, LIMITED AT GROUP LEVEL

* AT THIS POINT IN TIME, SPIE IS NOT IN A POSITION TO PROVIDE A NEW GUIDANCE FOR 2020

* ALL BOARD DIRECTORS AND SENIOR EXECUTIVES HAVE ALSO REDUCED THEIR REMUNERATION FOR THIS PERIOD

* SPIE’S CHAIRMAN AND CHIEF EXECUTIVE OFFICER HAS CUT HIS REMUNERATION BY 25% DURING THE CONTAINMENT PERIOD Source text : bit.ly/2WmgRAv Further company coverage: (Gdansk Newsroom)

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