Brief: Sligro Food Says Sales Will Not Recover To Pre-COVID-19 Levels Until H2 2021

Sligro Food

01/07/2020 06:55

July 1 (Reuters) - SLIGRO FOOD GROUP NV  SLIGR.AS :
    * WE DO NOT EXPECT THAT SALES WILL RECOVER TO PRE-COVID-19
LEVELS
UNTIL THE SECOND HALF OF 2021
    * BELIEVE THAT RESTORING OUR FINANCIAL POSITION MUST HAVE
PRIORITY
AND THAT THERE IS AN INSUFFICIENT BASIS FOR A DIVIDEND FOR THE
CALENDAR YEAR 2020
    * NO INTERIM DIVIDEND FOR 2020 WILL BE PAID IN THE AUTUMN
    * ENTERED INTO CONSTRUCTIVE TALKS WITH OUR PRINCIPAL BANK
AND USPP
FINANCIERS AS SOON AS OUR SALES MARKETS STARTED TO BE HIT HARD
BY THE GOVERNMENT MEASURES IMPOSED IN THE NETHERLANDS AND
BELGIUM
    * TALKS HAVE LED TO SUPPLEMENTARY AGREEMENTS ON OUR
FINANCING

Source text for Eikon:  ID:nNDL7RtTLB 
Further company coverage:  SLIGR.AS 

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