Brief: Orapi FY Net Loss Group Share Narrows to EUR 2.9 Million

Orapi SA

24/03/2020 16:58

March 24 (Reuters) - Orapi SA  ORPF.PA :
    * FY NET LOSS GROUP SHARE EUR 2.9 MILLION VERSUS LOSS EUR
3.7
MILLION YEAR AGO
    * FY EBITDA IFRS 16 EUR 15.9 MILLION VERSUS EUR 9.7 MILLION
YEAR
AGO
    * FY REVENUE EUR 240.0 MILLION VERSUS EUR 255.9 MILLION YEAR
AGO
    * AT DECEMBER 31, 2019, NET FINANCIAL DEBT (EXCLUDING IFRS
16)
TOTALED €61.5 MILLION
    * OUR PLANT IN LYON SAINT-VULBAS CONTINUES TO BE SUPPLIED
AND
MANUFACTURES HYDRO-ALCOHOLIC GELS AND DISINFECTANTS
    * ORAPI IS UNABLE TO DEFINITIVELY DETERMINE IMPACT OF
COVID-2019
ON ACTIVITY, PERFORMANCE AND PROSPECTS IN SHORT AND MEDIUM TERM
    * ON CORONAVIRUS: DECIDED TO PUT IN PLACE SUPPORT MEASURES
PROPOSED BY STATE TO PRESERVE CASH FLOW AS FAR AS POSSIBLE AND
MAINTAIN OPERATIONS

Further company coverage:  ORPF.PA 

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