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Healthcare

BRIEF-Compagnie Plastic Omnium To Reduce Dividend Proposed By 34%

April 1 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA:

* DECISION BY THE BOARD OF DIRECTORS TO REDUCE THE DIVIDEND PROPOSED BY 34%

* TO REDUCE DIVIDEND PROPOSED FOR 2019 TO EUR 0.49 PER SHARE VERSUS EUR 0.74 INITIALLY PROPOSED

* HAS CARRIED OUT STRESS TESTS ON ITS CASH FLOW IN THE EVENT OF A PROLONGED PANDEMIC

* SET OF MEASURES IMPLEMENTED AND SIGNIFICANT CASH FLOW AVAILABLE IN SHORT TERM, SHOULD ALLOW GROUP TO RESPOND TO TOTAL SHUTDOWN OF PRODUCTION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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