Brief: Saint Jean Groupe Q1 Revenue Up At 22.3 Million Euros

Saint Jean Groupe

11/05/2020 09:47

May 11 (Reuters) - SAINT JEAN GROUPE  SABL.PA :
    * Q1 REVENUE EUR 22.3 MILLION VERSUS EUR 20.8 MILLION YEAR
AGO
    * CASH POSITION AT MARCH 31, 2020 IS ROUGHLY EQUIVALENT TO
THAT OF
DECEMBER 31, 2019
    * ON COVID-19:  IMPACT OF THIS CRISIS ON THE GROUP'S
BUSINESS IS
UNCERTAIN AND CONSTANTLY EVOLVING
    * IT SEEMS UNLIKELY THAT INCREASE IN ACTIVITY OBSERVED IN Q1
WILL
CONTINUE IN Q2
    * HOPES TO BE ABLE TO CONTINUE THE CONSTRUCTION OF THE
EXTENSION
OF THE ROMANS PLANT, STARTING WITH THE LOGISTICS BASE AND THE
NEW FRESH PASTA PLANT
    * WILL INVEST IN THE DEVELOPMENT OF ITS SAINT JEAN BRAND BY
INCREASING, AT THE NATIONAL LEVEL, ITS TELEVISION AND ONLINE
ADVERTISING INVESTMENTS

Source text for Eikon:  ID:nACT63433 
Further company coverage:  SABL.PA 

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