Brief: Cooper Standard Announces Preliminary First Quarter 2020 Results Evaluating Opportunities To Further Strengthen Balance Sheet

Cooper-Standard Holdings

30/04/2020 13:02

April 30 (Reuters) - Cooper-Standard Holdings Inc  CPS.N :
    * COOPER STANDARD ANNOUNCES PRELIMINARY FIRST QUARTER 2020
RESULTS; EVALUATING OPPORTUNITIES TO FURTHER STRENGTHEN BALANCE
SHEET
    * Q1 SALES $655 MILLION
    * QTRLY PRELIMINARY ADJUSTED EBITDA OF $5 MILLION TO $10
MILLION
    * EXPECT TO HAVE SUFFICIENT LIQUIDITY TO FUND OPERATIONS FOR
NEXT
12 MONTHS
    * MAY OPPORTUNISTICALLY EXPLORE ADDITIONAL FUNDING OPTIONS

Source text for Eikon:  ID:nPn29z8wda 
Further company coverage:  CPS.N 

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