Brief: Orege: Updates On Its Activities In Great Britain, Impact On H2 Results

Orege SA

14/10/2019 07:48

Oct 14 (Reuters) - OREGE SA  OREGE.PA :
    * ORÈGE WAS INFORMED THAT SEVERAL WATER UTILITIES HAD
TEMPORARILY
FROZEN SIGNIFICANT PROPORTION OF THEIR INVESTMENT PROJECTS
PENDING FINAL DECISION OF OFWAT (THE ECONOMIC REGULATOR OF THE
WATER SECTOR IN ENGLAND AND WALES), THUS IMPACTING COMMERCIAL
ACTIVITY EXPECTED BY ORÈGE IN H2
    * ANTICIPATES THAT THIS SITUATION AND "BREXIT" PROCESS COULD
HAVE
NEGATIVE IMPACT ON TIMING OF ONGOING NEGOTIATIONS AND SHORT-TERM
SCALE OF THE DEPLOYMENT OF SLG SOLUTIONS IN THE UK

Source text for Eikon:  ID:nGNE21cd0r 
Further company coverage:  OREGE.PA 

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