Brief: Precia Q4 Sales Up At 36.5 Million Euros

Precia SA

08/04/2020 18:07

April 8 (Reuters) - PRECIA SA  PREP.PA :
    * Q4 SALES: € 36.5 M +4.3% 
    * PARTIAL PRODUCTION HAS RESTARTED IN TWO FACTORIES IN
FRANCE
    * PRODUCTION ACTIVITIES ARE STILL GOING ON IN SEVERAL
COUNTRIES
WHEN OTHER FACTORIES HAVE A LOW LEVEL ACTIVITY
    * ON CORONAVIRUS:  IT IS DIFFICULT TO SEE ALL THE IMPACTS ON
2020
FIGURES
    * ON CORONAVIRUS:  IMPACTED PARTICULARLY WITH REGARD TO
SERVICE
ACTIVITIES WHICH SLOWED DOWN SIGNIFICANTLY IN THE SECOND HALF OF
MARCH
    * THANKS TO ITS GOOD FINANCIAL HEALTH, THE GROUP HAS PUT IN
PLACE
SEVERAL ECONOMIC SAFEGUARD MEASURES SUCH AS SECURED BANK CREDIT
LINES AND PARTIAL UNEMPLOYMENT MEASURES 
    * END OF MARCH, WITH AN INDUSTRIAL ORDER BACKLOG IN FRANCE
HIGHER
THAN YR AGO, GROUP HAS MAINTAINED TO DATE A STRONG COMMERCIAL
MOMENTUM

    
 Source text: https://bit.ly/3bZ5ggP
    
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