Brief: Groupe CS FY Net Result Group Share Down At EUR 3.0 Million

CS SA

27/03/2020 17:32

March 27 (Reuters) - CS Group SA  SIGF.PA :
    * ANNUAL RESULTS 2019
    * FY REVENUE EUR 230.0 MILLION VERSUS EUR 201.5 MILLION YEAR
AGO
    * FY NET RESULT GROUP SHARE EUR 3.0 MILLION VERSUS EUR 7.4
MILLION
YEAR AGO
    * FY NET CASH POSITION AT END-DECEMBER EUR 30.5 MILLION
    * ECONOMIC DEBT AT DEC 31, 2019, AFTER TAKING INTO ACCOUNT
DECONSOLIDATING FACTOR (€8.2 MILLION) AND NON-FINANCED
RECEIVABLES OF CIR AND CICE (€19.2 MILLION) WAS REDUCED TO €5.5
MILLION
    * FY OPERATING RESULT EUR 10.2 MILLION VERSUS EUR 12.6
MILLION
YEAR AGO
    * ON CORONAVIRUS: CERTAIN LEVEL OF BUSINESS LOSS CANNOT BE
AVOIDED
    * SEES TO MEET OBJECTIVES OF AMBITION 2021 PLAN
    * ON CORONAVIRUS: NOT ABLE TO ASSESS IMPACT OF CRISIS ON THE
OBJECTIVES COMMUNICATED UNDER THE AMBITION 2021 PLAN

Source text : https://bit.ly/2xyYS0D
Further company coverage:  SIGF.PA 

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