Brief: Mecelec Composites Q1 Revenue Down At 7.0 Million Euros

Altheora SA

20/04/2020 17:56

April 20 (Reuters) - Mecelec Composites SA  ALMEC.PA :
    * Q1 REVENUE EUR 7.0 MILLION VERSUS EUR 7.9 MILLION YEAR AGO
    * Q1 ORDER BOOK CONTINUES TO GROW: +15%
    * ON NEW CORONAVIRUS: THE STRONG GROWTH THAT WAS RECORDED IN
THE
GROUP'S MOMENTUM AND ORDER BOOKS HAS BEEN REVISED DOWNWARDS
    * AFTER FIRST TWO MONTHS OF VERY STRONG GROWTH, AREAS OF
DISTRIBUTION AND AERONAUTICS / DEFENSE HAVE SUFFERED FROM
STOPPAGE OF DELIVERIES, RECORDING 23.3% AND 34.3% DECREASES

Source text : https://bit.ly/2Kmwy54
Further company coverage:  ALMEC.PA 

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