Brief: Sword Group Announces The Sale Of Its France Operations To Argos Wityu

Sword SE

29/09/2020 16:39

Sept 29 (Reuters) - SWORD GROUP SE  SWOR.PA :
    * DISPOSAL OF FRENCH SUBSIDIARIES | SWORD TODAY ANNOUNCES
THE SALE
OF ITS FRANCE OPERATIONS TO ARGOS WITYU
    * THIS SCOPE, PROFITABILITY OF WHICH FALLS UNDER GROUP
STANDARDS,
IS GENERATING A REVENUE TREND OF EUR 60 MILLION FOR 2020
    * IN ACCOUNTING TERMS, FRANCE IS TAKEN OUT OF CONSOLIDATION
SCOPE
WITH EFFECT FROM OCTOBER 1ST, 2020
    * CONSOLIDATED REVENUE FOR 2020 WILL SIGNIFICANTLY EXCEED
€200
MILLION

Source text for Eikon:  ID:nGNE66BS62 
Further company coverage:  SWOR.PA 

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