Brief: Groupe LDLC Stops Physical Distribution Activities In Spain

Groupe LDLC SA

06/02/2020 08:22

Feb 6 (Reuters) - Groupe LDLC SA  ALLDL.PA :
    * STOPS PHYSICAL DISTRIBUTION ACTIVITIES IN SPAIN
    * MADRID AND BARCELONA SHOPS TO CLOSE BY END OF 2019-2020
FINANCIAL YEAR MARCH 31, 2020
    * THE GROUP ANTICIPATES EXCEPTIONAL COSTS RELATED TO THIS
CLOSURE,
FULLY RECOGNIZED IN FISCAL 2019-2020, ABOUT 2 MILLION
    * SAVINGS MADE DUE TO CLOSURE WILL HAVE A POSITIVE IMPACT OF
EUR 2
MILLION  IN FULL YEAR 2020-2021

Source text: https://bit.ly/31vpvOZ
Further company coverage:  ALLDL.PA 

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