May 7, 2020 / 3:55 PM / 21 days ago

BRIEF-DELFINGEN Expects Drop In 2020 Activity Due To COVID-19

May 7 (Reuters) - DELFINGEN INDUSTRY SA:

* DELFINGEN INDUSTRY: NET SALES FOR 1ST QUARTER 2020

* ANTICIPATES A SIGNIFICANT DROP IN ACTIVITY FOR YEAR 2020 AND CONSEQUENTLY ADAPTS ITS COST STRUCTURE AND INVESTMENTS WHILE KEEPING ITS COURSE TO PREPARE FUTURE

* ANTICIPATES A SIGNIFICANT DROP IN ACTIVITY FOR YEAR 2020

* Q1 NET SALES EUR 58.9 MILLION VERSUS EUR 57.2 MILLION YEAR AGO

* CONFIRMS SECURING OF FINANCING WITH NEW BANK LINES UP TO 18 MEUR WITH SUPPORT OF ITS BANKING POOL AND BPIFRANCE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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