Brief: SII Q1 Revenue Down At 147.4 Million Euros

Societe Pour l Informatique Industrielle SA

11/08/2020 17:11

Aug 11 (Reuters) - SOCIETE POUR L'INFORMATIQUE INDUSTRIELLE
SA  IISP.PA :
    * Q1 REVENUE FELL 9.3 PERCENT TO 147.4 MILLION EUR
    * FOR SII GROUP, IT LOOKS LIKE LOW POINT IN ACTIVITY WAS
REACHED
IN MAY 2020
    * WE MUST BE VERY CAUTIOUS GIVEN POTENTIAL DEVELOPMENTS IN
HEALTH
SITUATION
    * Q1 WAS PUNISHED BY SEVERAL SUSPENSIONS OF ACTIVITY DURING
LOCKDOWN PERIOD
    * IF HEALTH SITUATION STABILISES, NEXT QUARTER IS EXPECTED
TO
REGISTER IMPROVEMENT IN SITUATION IN FRANCE WITH A LESS
PRONOUNCED REDUCTION IN ACTIVITY THAN IN Q1
    * EXPECTS A CONTINUATION OF INTERNATIONAL GROWTH AT A RATE
EQUIVALENT TO THAT OF Q1 IF HEALTH SITUATION STABILISES

Source text for Eikon:  ID:nGNE2FbgK8 
Further company coverage:  IISP.PA 

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