Brief: Capelli Year-End Growth Momentum Impacted By Covid-19 Pandemic

Capelli SA

03/04/2020 08:01

April 3 (Reuters) - CAPELLI SA  CAPLI.PA :
    * GROWTH MOMENTUM IN LINE WITH OBJECTIVES BUT IMPACTED BY
THE
COVID-19 PANDEMIC AT THE END OF THE FISCAL YEAR
    * DEFERRED SALES EXPECTED TO BE CARRIED FORWARD TO 2020-21
    * THE COVID-19 PANDEMIC AND THE CONTAINMENT MEASURES PUT IN
PLACE
AS OF MARCH 17 IMPACTED YEAR-END
    * THE GROUP IS ALREADY EXPECTING MORE THAN €40 MILLION IN
BLOCK
SALES IN APRIL
    * BACKLOG STOOD AT A RECORD LEVEL OF EUR 580 MILLION ON 7
FEBRUARY
2020
    * IN TOTAL, THE GROUP RECORDED A TURNOVER OF EUR 51 MILLION
BETWEEN 17 AND 31 MARCH

Source text for Eikon:  ID:nACT62818 
Further company coverage:  CAPLI.PA 

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