April 30, 2020 / 5:40 PM / a month ago

BRIEF-Assystem Q1 Consolidated Revenue Down At 122.9 Million Euros

April 30 (Reuters) - Assystem SA:

* FIRST-QUARTER 2020 REVENUE

* Q1 CONSOLIDATED REVENUE EUR 122.9 MILLION VERSUS EUR 125.8 MILLION YEAR AGO

* COVID-19 PANDEMIC IS ESTIMATED TO HAVE NEGATIVELY IMPACTED ET&I’S LIKE-FOR-LIKE GROWTH BY 4.5%

* DELAYS IN SITING WORK FOR KA.CARE CONTRACT IN SAUDI ARABIA TRIMMED EUR 2.1 MILLION OFF Q1 2020 REVENUE, BUT EFFECT SHOULD BE OFFSET OVER TIME

* NEGATIVE IMPACT OF COVID-19 PANDEMIC ON ITS LIKE-FOR-LIKE GROWTH IN FIRST-QUARTER 2020 WAS 5.5% Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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