Brief: Service Point Q3 Sales Down At 4.2 Mln Euros, Presents Temporary Lay-Offs

Innovative Solutions Ecosystem SA

01/03/2021 08:35

March 1 (Reuters) - Service Point Solutions SA  SPSL.MC :
    * SAID ON SUNDAY Q3 NEGATIVE EBITDA AT 277 MILLION EUROS
VERSUS
NEGATIVE 295 MILLION EUROS YEAR AGO
    * Q3 SALES AT 4.2 MILLION EUROS VERSUS 5.5 MILLION EUROS
YEAR AGO
    * SAYS HAS PRESENTED TEMPORARY LAY-OFF PROGRAMME TO ENTIRE
WORKFORCE OF 75 PEOPLE IN ITS SPANISH SUBSIDIARY, WHICH WILL
AFFECT BETWEEN 50% AND 100% OF STAFF
    * SAYS HAS NEGOTIATED REDUCTIONS IN EMPLOYEES WORKING HOURS
IN ITS
BELGIAN UNIT
    * IN ADDITION, NON-STRATEGIC SERVICES OR OUTSOURCED SERVICES
FOR
CUSTOMERS OFFER AND PRODUCTION HAVE BEEN DISCONTINUED IN ALL
SUBSIDIARIES

    
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 Further company coverage:  SPSL.MC  
   


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