March 25, 2020 / 5:24 PM / 3 days ago

BRIEF-Lacroix Group Says Can No Longer Confirm Annual Targets

March 25 (Reuters) - Lacroix SA:

* ON THE COVID-19 SITUATION

* LACROIX GROUP IS DOING EVERYTHING IT CAN TO SECURE ITS FINANCING AND LIMIT IMPACT ON CASH FLOW

* HAS PUT IN PLACE A PLAN FOR EMPLOYEES, INVOLVING ANNUAL LEAVE AND TEMPORARY LAY-OFFS TO ADAPT ITSELF TO LEVEL OF ACTIVITIES

* HAS DECIDED TO CLOSE ITS PRODUCTION FACILITY IN SAINT-HERBLAIN (LACROIX CITY) COMPLETELY, AND TO CLOSE MOST OF ITS SAINT-PIERRE MONTLIMART FACILITY (LACROIX ELECTRONICS)

* LACROIX GROUP CAN NO LONGER CONFIRM ITS ANNUAL TARGETS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below