Brief: Aures Technologies Q1 Revenue Up At 26.6 Million Euros

Aures Technologies SA

12/05/2020 06:19

May 12 (Reuters) - AURES TECHNOLOGIES  AURS.PA :
    * REPORTED ON MONDAY Q1 REVENUE EUR 26.6 MLN VERSUS EUR 26.5
MLN
YEAR AGO
    * ON COVID-19:CONTAINMENT MEASURES PUT IN PLACE TO CURB THE
PANDEMIC SEVERELY DISRUPTED THE GROUP'S BUSINESS, GROUP'S SALES
FELL BY MORE THAN 19% IN MARCH 2020
    * ACTIVITY IN FRANCE AND THE UNITED KINGDOM WAS VIRTUALLY AT
A
STANDSTILL DURING THE MONTH OF APRIL, ACTIVITY IS RESUMED IN
FRANCE
    * OUTLOOK: SALES WILL PROBABLY BE MORE IMPACTED IN Q2 2020
    * GROUP CONFIRMS THAT ITS GROWTH AMBITIONS FOR 2020 HAVE
BECOME
OBSOLETE, IT IS NOT IN A POSITION TO PROVIDE NEW PROSPECTS
    * IN TERMS OF CASH SECURITY, THE GROUP APPLIED FOR AND
OBTAINED
THE STATE-GUARANTEED LOAN (PGE) IN FRANCE AND THE PAYCHECK
PROTECTION PROGRAM (PPP) IN THE UNITED STATES
    * AS OF TODAY, THE STAFF REDUCTION AT RTG (A SERVICE COMPANY
IN
THE CATERING MARKET IN THE UNITED STATES) HAS REACHED 146
PEOPLE.

 Source text for Eikon:  urn:newsml:reuters.com:*:nACT63457
    
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