Brief: Fleury Michon FY Operating Result Swings To Loss Of EUR 19.6 Million

Fleury Michon SA

07/04/2020 17:49

April 7 (Reuters) - FLEURY MICHON SA  FLMI.PA :
    * FY OPERATING LOSS EUR 19.6 MILLION VERSUS PROFIT EUR 18.7
MILLION YEAR AGO
    * ON CORONAVIRUS: CRISIS HAD SIGNIFICANT IMPACT ON GROUP'S
BUSINESS
    * FY REVENUE EUR 747.6 MILLION VERSUS EUR 725.3 MILLION YEAR
AGO
    * FY CONSOLIDATED NET LOSS EUR 28.0 MILLION VERSUS PROFIT
EUR 14.4
MILLION YEAR AGO
    * DIVIDEND WILL BE DECIDED AT A MEETING OF THE BOARD OF
DIRECTORS
TO BE HELD IN JULY 2020
    * GROUP IS NOT IN A POSITION TO CONFIRM PREVIOUSLY
COMMUNICATED
OUTLOOK - CEO
    * IN MARCH GMS LS DIVISION SALES IN MEAT PRODUCTS AND SEA
PRODUCTS
ROSE
    * IN MARCH SALES IN CATERER AND SNACKING WERE WORSE THAN
EXPECTED
    * IN MARCH SALES IN MEAL DELIVERY SLOWED DOWN CONSIDERABLY
    * IN MARCH SALES IN AIR CATERING SUFFERED FROM SMALL NUMBER
OF
FLIGHS

Source text for Eikon:  ID:nGNE521xJM 
Further company coverage:  FLMI.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))