Brief: ABEO Q2 Revenue Down At 49.0 Million Euros

Abeo SA

16/11/2020 06:51

Nov 16 (Reuters) - Abeo SAS  ABEO.PA :
    * ABEO ACHIEVES A GRADUAL RECOVERY IN Q2 2020/21
    * Q2 REVENUE EUR 49.0 MILLION VERSUS EUR 61.9 MILLION YEAR
AGO
    * H1 REVENUE EUR 83.8 MILLION VERSUS EUR 121.9 MILLION
(EXCLUDING.
IFRS 16) YEAR AGO
    * H1 2020/21 ORDER INTAKE TOTALLED EUR 83.1M, DOWN 34%
    * ORDER BOOK REMAINS HEALTHY UNDER PRESENT CIRCUMSTANCE,
WITH ONLY
MARGINAL CANCELLATIONS SINCE BEGINNING OF CRISIS
    * FIRST HALF BUSINESS WAS IMPACTED AS COULD BE EXPECTED BY
HEALTH
CRISIS
    * PERFORMANCE PLAN (INCLUDING REDUCING OVERHEADS AND
LOWERING
BREAKEVEN POINT) WAS ROLLED OUT AS ANNOUNCED IN ORDER TO PROTECT
GROUP'S PROFITABILITY
    * EVOLUTION OF BUSINESS OVER COMING MONTHS REMAINS DIFFICULT
TO
ESTIMATE

Source text for Eikon:  ID:nACT66130 
Further company coverage:  ABEO.PA 

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