Brief: Compagnie Des Alpes Q1 Revenue Plummets To EUR 26.9 Mln

Compagnie des Alpes SA

21/01/2021 17:34

Jan 21 (Reuters) - Compagnie des Alpes SA  CDAF.PA :
    * Q1 CONSOLIDATED REVENUES EUR 26.9 MILLION VERSUS EUR 143.6
MILLION YEAR AGO
    * GROUP STRENGTHENED CASH POSITION BY SETTING UP A NEW STATE
GUARANTEED LOAN ON DEC 23 OF € 269 MILLION
    * IN TOTAL, AS OF DECEMBER 31, IT HAD A LIQUIDITY POSITION
OF €
514 MILLION
    * GROUP IS CONFIDENT IN ITS ABILITY TO COVER ITS CASH FLOW
UNTIL
END OF 2021, EVEN IN VERY POOR SCENARIOS

Source text: https://bit.ly/2Mctsop
Further company coverage:  CDAF.PA 

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