Brief: CIFE Issues Warning On 2017 Results

Groupe ETPO SA

27/02/2018 17:11

Feb 27 (Reuters) - CIFE SA  IFDE.PA : 
    * WARNING ON 2017 RESULTS 
    * 2017 OPERATING RESULTS AND NET RESULTS WILL BE 
SIGNIFICANTLY 
LOWER THAN IN THE FIRST HALF OF 2017 AND DOWN SHARPLY COMPARED 
TO 2016. 
    * WILL ANNOUNCE HEAVY LOSS FOR 2017 
    * DUE TO LOSSES ON BUILDING ACTIVITY, RESCUE PROCEDURE WITH 
SIX 
MONTH OBSERVATION PERIOD OPENED FOR SUBSIDIARY  SOVEBAT 
    * WILL NEED TO RECAPITALISE ETPO 
    * ORDER BOOK AT END 2017 UP 20 PERCENT AT EUR 151 MILLION 
 
Source text for Eikon: http://bit.ly/2CoLXzx 
Further company coverage:  IFDE.PA  
 
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