Brief: Les Hotels Baverez To Close Hotels Regina And Raphael Due To Coronavirus

Les Hotels Baverez SA

16/03/2020 18:31

March 16 (Reuters) - LES HOTELS BAVEREZ SA  ALLHB.PA :
    * COMPANY HAS DECIDED TODAY TO CLOSE TO CUSTOMERS THE HOTELS
REGINA AND RAPHAEL AND TO LAY OFF STAFF
    * CORONAVIRUS IMPACT IN 2020 : NET RESULT WOULD BE A
SIGNIFICANT
LOSS
    * ON CORONAVIRUS: IN VIEW OF THE CURRENT HEALTH CRISIS, IT
WAS
DECIDED TO POSTPONE THE CLOSING OF THE 2019 ACCOUNTS BY THE
BOARD OF DIRECTORS ON MARCH 31 2020 TO APRIL 30, 2020.
    * CORONAVIRUS IMPACT IN 2020 : OUR CASH POSITION WOULD
ENABLE US
TO GET THROUGH THIS CRISIS AS IT WOULD BE LIMITED TO FEW MONTHS

Source text for Eikon:  ID:nGNE5kyRfr 
Further company coverage:  ALLHB.PA 

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