March 25, 2020 / 5:29 PM / 6 days ago

BRIEF-Guillemot Corporation FY Recurring Operating Result Turns To Loss Of EUR 2.6 Mln

March 25 (Reuters) - Guillemot Corporation SA:

* FY REVENUE EUR 60.9 MILLION VERSUS EUR 81.2 MILLION YEAR AGO

* FY CONSOLIDATED NET LOSS EUR 6.4 MILLION VERSUS PROFIT EUR 12.2 MILLION YEAR AGO

* FY RECURRING OPERATING LOSS EUR 2.6 MILLION VERSUS PROFIT EUR 6.9 MILLION YEAR AGO

* NOTES A SIGNIFICANT INCREASE IN ITS SECTOR OF E-COMMERCE DUE TO CLOSURE OF “PHYSICAL” STORES AND GROWTH IN SALES IN CHINA AT THE BEGINNING OF THE YEAR

* IS PUTTING IN PLACE ALL THE MEANS TO ACHIEVE GOOD END-YEAR SALES

* IN CHINA, MAIN SUBCONTRACTORS POSTPONED RESUMPTION OF PRODUCTION; GROUP ESTIMATES IT WILL BE ABLE TO RETURN TO NORMAL CAPACITY BY END OF MAY Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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