Brief: Roche Bobois Q1 Revenues Up At 61.8 Million Euros

Roche Bobois SA

05/05/2020 16:56

May 5 (Reuters) - Roche Bobois SA  RBO.PA :
    * AT 31 MARCH 2020, GROUP'S ORDER BACKLOG ON ROCHE BOBOIS
BRAND
TOTALLED EUR 90.3 MILLION, UP FROM EUR 87.8 MILLION AT 31 MARCH
2019
    * Q1 2020 REVENUES: EUR 61.8M
    * GROUP EXPERIENCED A SIGNIFICANT SLOWDOWN IN BUSINESS IN
MARCH
DUE TO IMPACTS OF COVID- 19 HEALTH CRISIS
    * Q1 REVENUE EUR 61.8 MILLION VERSUS EUR 60.3 MILLION YEAR
AGO
    * GROUP IS PREPARING TO GRADUALLY RESUME DELIVERIES
    * GROUP RECALLS THAT IT IS MAINTAINING ITS OWN STORE AND
FRANCHISE
STORE OPENING PLAN FOR YEAR.
    * GROUP SUSPENDED ALL RENTS FOR 2ND QUARTER 2020 FOR ITS
OWNED
STORES WORLDWIDE, AND HAS ENTERED INTO NEGOTIATIONS WITH LESSORS
ON A CASE-BY-CASE BASIS
    * IN EUROPE, STORES LOCATED IN FRANCE, BELGIUM AND SPAIN ARE
EXPECTED TO REOPEN FROM 11 MAY 2020. ITALY WILL REOPEN ITS
STORES ON 18 MAY 2020. STORES IN GERMANY AND NETHERLANDS ARE
OPEN
    * Q2 REVENUES WILL BE IMPACTED

Source text for Eikon:  ID:nNDL15Sm1p 
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