Brief: Latecoere FY Revenue Up At 713.1 Million Euros

Latecoere SA

29/01/2020 06:54

Jan 29 (Reuters) - LATECOERE SA  LAEP.PA :
    * LATÉCOÈRE 2019 REVENUE UP 8.2% TO € 713.1 MILLION
    * 2019 GUIDANCE CONFIRMED
    * 2020 REVENUE OUTLOOK UNVEILED
    * IN 2020, GROUP EXPECTS SALES TO DECLINE BY CIRCA 5% AT
CONSTANT
EXCHANGE RATES
    * IN 2020 GROUP WILL LAUNCH IMPROVEMENT PLAN, BEYOND, TO BE
EXECUTED OVER TWO YEARS TO IMPROVE INDIRECT COST STRUCTURE AND
PRODUCTION COSTS
    * GROUP IS NOT IMPACTED BY B737 MAX CRISIS

Source text for Eikon:  ID:nBw53gkYva 
Further company coverage:  LAEP.PA 

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