Brief: CIS Reports On COVID-19 Impact

Catering International & Services SA

08/04/2020 18:01

April 8 (Reuters) - CATERING INTERNATIONAL & SERVICES SA
(CIS) CTRG.PA :
    * ON CORONAVIRUS:  MOST SITES HAVE LITTLE OR NO IMPACT, WITH
THE
EXCEPTION OF BRAZIL, CHAD AND ALGERIA
    * IN ALGERIA, CIS HAS REDUCTIONS OF STAFF ON CERTAIN SITES
    * INDEMNITY NEGOTIATIONS ARE UNDER WAY WITH ALL CUSTOMERS
CONCERNED
    * IN BRAZIL, FIRST CLIENT DECIDED TO REDUCE BY 40% NUMBER OF
EMPLOYEES WORKING ON ITS OIL PLATFORMS
    * IN CHAD, AT MAIN SITE OF OPERATION, CLIENT REDUCED ITS
WORKFORCE
BY MORE THAN 30%

    
    
 Source text: https://bit.ly/39TglhZ
    
 Further company coverage:  CTRG.PA  
   


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