Brief: Compagnie Du Bois Sauvage: COVID-19 To Impact FY 2020 Results

Compagnie Du Bois Sauvage SA

02/04/2020 17:12

April 2 (Reuters) - COMPAGNIE DU BOIS SAUVAGE SA  CBOS.BR :
    * ON CORONAVIRUS: IT WILL HAVE AN IMPACT ON GROUP'S RESULTS
FOR
FINANCIAL YEAR 2020
    * UNTIL NOW IT HAS NOT YET BEEN POSSIBLE TO QUANTIFY THIS
IMPACT
    * CONTINUES TO HAVE FULL CONFIDENCE IN QUALITY OF ITS
EXISTING
ASSETS AND GROUP'S DEVELOPMENT PROSPECTS
    * NET CONSOLIDATED DEBT EXCLUDING IFRS 16 OF EUR 46.6
MILLION
WHILE SHAREHOLDERS' EQUITY IS EUR 499 MILLION AS AT 31 DECEMBER
2019
    * FIRST REPAYMENT OF A LONG-TERM LOAN IS SCHEDULED IN 2023
    * ON CORONAVIRUS:  EAL ESTATE INVESTMENTS UNDER DEVELOPMENT
WILL
BE DELAYED A FEW WEEKS OR MONTHS COMPARED TO THE INITIAL
SCHEDULE
    * COMPANY AND UBCM CHOCOLATE GROUP HAVE SUFFICIENT CREDIT
LINES
AND DEBT CAPACITY

Source text : https://bit.ly/3aEkkQL  
Further company coverage:  CBOS.BR 

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