Brief: Unibel Q1 Consolidated Revenue Up At 909 Million Euros

Unibel SA

20/04/2020 17:16

April 20 (Reuters) - UNIBEL SA  CBQP.PA :
    * 12.2% REVENUE GROWTH IN THE FIRST QUARTER, INCLUDING
+11.0%
ORGANIC GROWTH
    * HIGH VOLATILITY OF DEMAND THAT WILL PREVAIL OVER THE
COMING
MONTHS WORLDWIDE DOES NOT ALLOW THE GROUP TO ESTABLISH PRECISE
PROSPECTS AT THIS STAGE
    * DECIDES TO REDUCE THE AMOUNT OF OF THE DIVIDEND PROPOSED
ON
MARCH 12
    * DECREASE OF MORE THAN 30% COMPARED TO THE DIVIDEND
INITIALLY
PROPOSED
    * THIS DIVIDEND WILL BE PAID ON MAY 22 MAY 2020
    * AS OF DECEMBER 31, 2019, THE GROUP HAD A SURPLUS OF CASH
AND
CASH EQUIVALENTS OF EUR 403 MILLION
    * Q1 CONSOLIDATED REVENUE EUR 909 MILLION VERSUS EUR 810
MILLION
YEAR AGO

Source text for Eikon:  ID:nNDL2w7HHj 
Further company coverage:  CBQP.PA 

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