April 3 (Reuters) - Visiomed Group SA ALVMG.PA :
* OPERATING EXPENSES REDUCED FROM €20M TO €5M ON A FULL YEAR
BASIS
* AT 31 MARCH 2020 NET CASH AND CASH EQUIVALENTS AT EUR 5.9
MILLION EUROS
* ANNOUNCED THE RELOCATION OF ITS HEAD OFFICE TO A NEW SITE
IN
ILE-DE-FRANCE AT THE END OF THE CONTAINMENT PERIOD WILL GENERATE
SAVINGS OF €0.6 MILLION ON A FULL-YEAR BASIS
* COMPANY'S TOTAL HEADCOUNT DECREASED FROM 132 EMPLOYEES ON
JUNE
30, 2019 TO 38 ON MARCH 31, 2020.
Source text for Eikon: ID:nACT62813
Further company coverage: ALVMG.PA
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