Brief: Lexibook Expects Limited Impact Due To Coronavirus
26/03/2020 06:14
March 26 (Reuters) - LEXIBOOK LINGUISTIC ELECTRONIC SYSTEM
SA ALLEX.PA :
* COVID-19: LIMITED IMPACT ON 2019-20 AND 2020-21 FISCAL
YEARS
* IN HONG KONG, PRODUCT DEVELOPMENT HAS NOT BEEN DISRUPTED
AND NEW
FEATURES WILL BE RELEASED NORMALLY IN 2020
* INTENDS TO MAINTAIN AN INTENSE COMMERCIAL ACTIVITY, BY
DIRECTING
IT TOWARDS CUSTOMERS WHO STILL HAVE POTENTIAL, PARTICULARLY
INTERNATIONALLY
* HAS THE NECESSARY CASH FLOW TO DEAL WITH THE TROUBLED
CONTEXT
* PRODUCTION IN CHINA HAS GRADUALLY STARTED AGAIN AND
LEXIBOOK
CONTINUES TO DELIVER MAJORITY OF ORDERS UNDER RELATIVELY NORMAL
CONDITIONS DESPITE CIRCUMSTANCES
* BELIEVES IN 2020 IT CAN NOW MAINTAIN A LEVEL OF ACTIVITY
AT
LEAST EQUIVALENT TO THE LEVEL OF 2019-2020
Source text for Eikon: ID:nGNE6bLVws
Further company coverage: ALLEX.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48587785110;))