BRIEF-Mersen Q1 Sales Down At 225 Million Euros – Reuters.com

Discover Thomson Reuters
By
1 Min Read
April 29 (Reuters) – Mersen SA:
* SALES DOWN 6.4% IN UNPRECEDENTED CONTEXT ; DECREASE OF 8.9% ON AN ORGANIC BASIS VERSUS FIRST-QUARTER 2019
* COVID-19: AT APRIL 29, 2020, APPROXIMATELY 85% OF GROUP PLANTS ARE OPERATIONAL, WITH SOME RUNNING AT REDUCED CAPACITY
* GROUP EXPECTS COVID-19 HEALTH CRISIS TO HAVE A SIGNIFICANT IMPACT IN Q2, PARTICULARLY IN EUROPE AND AMERICA
* SOLID FINANCIAL STRUCTURE, WITH A TOTAL OF EUR 132 MILLION IN UNDRAWN CREDIT LINES AND EUR 100 MILLION IN CASH AT END-APRIL Source text for Eikon: Further company coverage: (Gdansk Newsroom)
Our Standards: The Thomson Reuters Trust Principles.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.

source