May 15, 2020 / 5:40 AM / 22 days ago

BRIEF-O2I Q1 Revenue Down At 11.1 Million Euros

May 15(REUTERS) - O2I SA:

* ANNOUNCED ON THURSDAY Q1 REVENUE DOWN -19.8% TO EUR 11.1 MLN

* EXCEPTIONAL IMPACT OF THE STRIKES AND COVID-19 ON TRAINING ACTIVITY A -27.6

* 2.4% GROWTH IN ENGINEERING ACTIVITIES AND 34% GROWTH IN ADIICT ACTIVITIES

* IT IS STILL DIFFICULT TO ASSESS IMPACT OF HEALTH CRISIS ON Q2 SALES

* OUTLOOK: TRAINING ACTIVITY TO REMAIN THE MOST IMPACTED

* M2I 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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