Brief: GL Events End-Dec Annual Revenue At 479.4 Million Euros, Down 59.1% YoY

GL Events SA

21/01/2021 17:20

Jan 21 (Reuters) - GL EVENTS SA  GLTN.PA :
    * A MAJOR MANAGEMENT CONCESSION IN SAO PAULO A YEAR IMPACTED
BY
THE HEALTH CRISIS
    * GROUP TODAY HAS EUR 370 MILLION IN CASH
    * ANNUAL REVENUE AT 31 DECEMBER 2020 OF 479.4 MILLION, DOWN
59.1%
YEAR- ON-YEAR
    * ADDITIONAL EUR 100 MILLION MAY BE ADDED TO CASH IN FORM OF
AN
UNDRAWN REVOLVING CREDIT FACILITY
    * 2020 NET LOSS ATTRIBUTABLE TO GROUP EQUITY HOLDERS OF
AROUND EUR
70 MILLION NOW EXPECTED COMPARED TO PRIOR GUIDANCE OF EUR 65
MILLION

Source text for Eikon:  ID:nNDL3msYVG 
Further company coverage:  GLTN.PA 

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