Brief: Abeo Q1 Order Intake Down 44% At 36.8 Million Euros

Abeo SA

29/07/2020 06:52

July 29 (Reuters) - Abeo SAS  ABEO.PA :
    * ABEO Q1 2020/21: BUSINESS GRADUALLY RESUMED, PERFORMANCE
PLAN
ROLLED OUT
    * POSTED Q1 2020/21 REVENUE OF €34.8M, DOWN 42%
    * ALL THREE GROUP DIVISIONS WERE IMPACTED IN SIMILAR WAYS
AND
SUFFERED EFFECTS OF LOCKDOWN LEADING TO THE PARTIAL OR TOTAL
CLOSURE OF MANUFACTURING FACILITIES DURING APRIL
    * ORDER INTAKE DURING Q1 2020/21 TOTALLED €36.8M, DOWN 44%
    * ORDERS PICKED UP IN JUNE WITH AN ORDER INTAKE CLOSE TO THE
JUNE
2019 LEVEL
    * GROUP IS CONFIDENT IN ITS ABILITY TO WEATHER THE CRISIS
AND
CONTINUE TO DEVELOP AND GENERATE VALUE OVER THE LONG TERM

Source text for Eikon:  ID:nACT64511 
Further company coverage:  ABEO.PA 

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