Brief: Roctool H1 Revenue Down 29% At 2.6 Million Euros

Roctool SA

10/07/2020 17:18

July 10 (Reuters) - Roctool SA  ALROC.PA :
    * H1 REVENUE EUR 2.6 MILLION, DOWN 29% YOY
    * RESTRUCTURING OF GROUP OBJECTIVES OF REDUCING OPERATING
COSTS
FROM 2020 AND ACHIEVING SAVINGS OF BETWEEN € 1 AND 1.4 MILLION
ON ANNUAL BASIS FROM 2021
    * CRISIS HAS RESULTED IN SHIFTS OR CANCELLATIONS OF ORDERS
INITIALLY EXPECTED FOR DELIVERY IN H1

Source text for Eikon:  ID:nEQYDj62a 
Further company coverage:  ALROC.PA 

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