Brief: Groupe Parot Expects COVID-19 Impact On Q2 Results

Groupe Parot SA

30/04/2020 18:01

April 30 (Reuters) - GROUPE PAROT SA  ALPAR.PA :
    * AT THE END OF DECEMBER 2019, CASH AVAILABLE OF EUR 3.9
MILLION
    * FY REVENUE EUR 560.2 MILLION VERSUS EUR 524.0 MILLION YEAR
AGO
    * FY NET LOSS GROUP SHARE EUR 5.1 MILLION VERSUS LOSS EUR
2.9
MILLION YEAR AGO
    * ACTIVITIES STARTED TO BE AFFECTED BY COVID-19 AT END OF Q1
2020,
WITHOUT COMPLETELY COMPROMISING BUSINESS CONTINUITY
    * COVID-19: DELIVERY OF VEHICLES, NEW OR USED, SHOULD
RECOVER ON
SECOND FORTNIGHT OF MAY
    * FY EBITDA EUR 1.4 MILLION VERSUS EUR 2.0 MILLION YEAR AGO
    * ON COVID-19: GROUP EXPECTS AN IMPACT ON ITS 2020 FINANCIAL
STATEMENTS, PARTICULARLY ON Q2

Source text for Eikon:  ID:nACT63275 
Further company coverage:  ALPAR.PA 

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