6 Mercedes Yeni Gla 2020 Redesign And Review

6 Mercedes Yeni Gla 2020 Redesign And Review.

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     TECHNICOLOR: FIRST HALF 2020 RESULTS

Paris (France), 30 July 2020 – Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) declares these days its after-outcomes for the aboriginal bisected of 2020.

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Richard Moat, Chief Executive Officer of Technicolor, said:

“This aboriginal bisected of 2020 has been a aeon of acute pastime for Technicolor. On the only hand, our teams take delivery of been alive adamantine to stand the Covid-19 crisis, and to acclimate sure in acclimation to make sure the alternation of our operations and the advancing shipping of our aerial bulk brought casework to our clients. On the delivered duke we take delivery of auspiciously dependent a absolute banking restructuring plan, with the intention to accommodate a considerable more potent framework for the abiding sustainability of the Company. The engaging in of the restructuring plan is interest consistent with schedule, with the aboriginal €240 actor tranche of the New Money already received, the delivered €180 actor tranche on its way in a while the approval of the Commercial Court of Paris on July 28th, and the two basal will increase to be launched inside the advancing weeks. I am appreciative of the challenge achieved and I would really like to acquiescently well known all of our groups, both centralized and external, for their allegation and our shareholders for his or her guide. In the aboriginal half of, the Group’s activities accept accustomed hobby to the Covid-19 pandemic. Our business units are capable-bodied located to booty benefit of the delivered attraction for aboriginal content, the capable admission in schedule media consumption, and the cogent develop in residential broadband get right of entry to. We abide to simply accept fashionable assets and all-around administration positions in anniversary of our commercial enterprise devices. We intend to turn out to be a stronger aggregation for our advisers and a stronger accomplice for our suppliers and clients. I am assured that there may be a ablaze drawing near advanced for Technicolor”

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First bisected 2020 consequences:

After a capable aboriginal region, the Group’s sports accept accustomed hobby to the Covid-19 crisis inside the introduced quarter:

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Consolidated sales for the Accumulation were bottomward 19% at universal ante to €1,433 million, as the appulse of Covid-19 on Assembly Casework and DVD Casework was in part compensated by way of an outperformance in Broadband, decidedly in North America ( 15% compared to the aboriginal bisected of 2019).

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