May 6, 2020 / 4:27 PM / 21 days ago

BRIEF-Nexity Reports Q1 Revenue Down At 787 Million Euros, Reduces Dividend

May 6 (Reuters) - NEXITY SA:

* TARGETS AND GUIDANCE SUSPENDED

* DIVIDEND PAID IN 2020 MAINTAINED BUT REDUCED TO EUR 2.00 PER SHARE (COMPARED TO EUR 2.70 ANNOUNCED INITIALLY)

* CASH POSITION AT 30 APRIL 2020: EUR 722 MILLION IN CASH AND EUR 555 MILLION IN CONFIRMED UNDRAWN BORROWING FACILITIES

* ESTIMATES THAT A 15-DAY LOCKDOWN REPRESENTS ALMOST EUR 130 MILLION IN LOST REVENUE 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