Brief: Les Hotels Baverez Q4 Revenue Plummets To EUR 0.3 Million

Les Hotels Baverez SA

19/01/2021 17:21

Jan 19 (Reuters) - Les Hotels Baverez SA  ALLHB.PA :
    * Q4 REVENUE EUR 0.3 MILLION VERSUS EUR 7.5 MILLION YEAR AGO
    * 2021 OUTLOOK: GOVERNMENT MEASURES AND CO'S TREASURY SHOULD
BE
ABLE TO ALLOW TO WAIT FOR REOPENING OF BORDERS AND RETURN OF
CLIENTS
    * OBTAINED POSTPONEMENT OF LOAN MATURITIES THAT WERE
OUTSTANDING
BEFORE PANDEMIC FOR 12 MONTHS, WILL HAVE TO RESUME ITS
REPAYMENTS FROM MAY 2021
    * 2021 WILL CERTAINLY NOT BE COMPARABLE TO 2019 AND PREVIOUS
YEARS
    * OVERALL OCCUPANCY RATE FOR AVAILABLE ROOMS WAS 13.58% AS
OF
DECEMBER 31, 2020 AND 74.85% AS OF DECEMBER 31, 2019

Source text for Eikon:  ID:nGNE6nd212 
Further company coverage:  ALLHB.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))