Brief: EPC Groupe Q1 Revenue Down At 77.1 Million Euros

Soc D Explosifs Produits Chimiques SA

16/05/2018 08:38

May 16 (Reuters) - EPC GROUPE  EEPC.PA :
    * ANNOUNCED ON TUESDAY THAT ITS Q1 REVENUE (EXCL. JV) WAS
EUR 77.1
MLN VS EUR 83.2 MLN YR AGO 
    * GROUP IS FACING TIGHTER COMPETITIVE SITUATION THAN
EXPECTED IN
GUINEA AND CANADA
    * MAJOR EFFORTS ARE UNDERWAY TO CONSOLIDATE MARKET SHARES IN
THESE
TWO COUNTRIES
    * RISE IN OIL PRICES CURRENTLY UNDERWAY SHOULD HAVE POSITIVE
EFFECT ON THE ECONOMIES OF THE EXPORTING COUNTRIES WHERE EPC IS
PRESENT
    * IT SHOULD ALSO HAVE POSITIVE EFFECT ON THE DIESEL
ADDITIVES
BUSINESS, WHICH IS STRONGLY CORRELATED WITH HYDROCARBON PRICES


 
 Source text: https://bit.ly/2k1nTaZ
 Further company coverage:  EEPC.PA  
   


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