Brief: Spineguard Q1 Revenue Down At 1.4 Million Euros

Spineguard SA

23/04/2020 18:00

April 23 (Reuters) - Spineguard SA  ALSGD.PA :
    * Q1 REVENUE 1.4 MILLION EUR
    * STRONGLY IMPACTED BY COVID-19 IN MARCH
    * GLOBAL REVENUE IN Q1 OF 2020 WAS EUR 1,376K VERSUS EUR
1,692K IN
Q1 2019, A 16.5% DECREASE
    * COVID-19: IMPACT ON SECOND HALF OF MARCH WAS SIGNIFICANT
WITH
QUASI COMPLETE STOP OF ORDERS AND SHIPMENTS
    * COLLABORATION WITH ADIN DENTAL IMPLANT SYSTEMS / CONFIDENT
ON
DENTAL APPLICATION WILL INTENSIFY IN 2020 AS SOON AS COVID-19
PANDEMIC DECREASES
    * SOLD 1,536 DSG UNITS IN Q1 OF 2020 VERSUS 2,028 UNITS IN
Q1 2019

Source text for Eikon:  ID:nBw1Kw98qa 
Further company coverage:  ALSGD.PA 

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