Brief: Seche Environnement End-March Revenue Up At 172.9 Million Euros

Seche Environnement SA

28/04/2020 18:09

April 28 (Reuters) - SECHE ENVIRONNEMENT SA  CCHE.PA :
    * LIMITED IMPACT OF COVID-19 CRISIS AT END-MARCH
    * AT MARCH 31, 2020, SÉCHÉ ENVIRONNEMENT (PARIS:SCHP)
REPORTED
REVENUE OF EUR 172.9M, UP +5.4% COMPARED TO ONE YEAR EARLIER
(EUR 164.1M)
    * AT DECEMBER 31, 2019, GROUP HAD A LIQUIDITY POSITION OF
EUR 287M
    * HAS DECIDED TO SUSPEND CERTAIN DEVELOPMENT INVESTMENTS IN
FRANCE
AND INTERNATIONALLY, SUCH THE ROLL-OUT OF EDEN PROJECT IN SOUTH
AFRICA (EUR 11M PLANNED IN 2020), OR START-UP OF CICLO PROJECT
IN CHILE (EUR 6M IN 2020)
    * GROUP MAINTAINS ITS ROADMAP THROUGH TO 2022
    * GROUP DOES NOT HAVE ANY MAJOR FINANCIAL DEBT REPAYMENT
DEADLINES
UNTIL 2023

Source text for Eikon:  ID:nBwbwrHrDa 
Further company coverage:  CCHE.PA 

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