Spie: suspends targets for 2020

(CercleFinance.com) - Faced with major operational upheaval relating to the Covid-19 epidemic, Spie says that it is suspending its targets for 2020, specifying that it "will provide an updated one when the situation firms up".


The company has announced, over the first two months of 2020, and until mid-March, "delivered organic revenue growth despite a particularly high comparison basis, with robust activity levels and dynamic order intake in its main geographies".

Spie adds that "is making immediate use of the high flexibility of its cost base and implementing vigorous cost saving actions" and has "significant financial headroom".


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