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Coronavirus: after a good year in 2019, the giants of the CAC 40 in doubt

2020-03-01T21:18:44.861Z


The amplification of the Covid-19 epidemic over the past ten days has prompted them to take more measures to preserve their balance sheet in 2020.


The stock market policeman whistled the end of recess on Friday evening. No more neglecting the coronavirus! "Any knowledge of a significant impact of the epidemic on activity, performance or prospects must be communicated without delay," orders the AMF in a call to order to listed companies. Due to the uncertainty as to the future developments of this episode, it is recommended that issuers periodically reassess its known and anticipated impact on activity and the outlook as to its materiality and / or its amount. ”

Read also: The global economy under the shock of the coronavirus

The giants of the CAC 40 barely had time to celebrate the good results, published between the end of January and the end of February. In 2019, which could become the reference year, that before the coronavirus, the performances of the French flagships of industry, services and finance were often very satisfactory. Certain groups, especially in luxury, have broken sales and profit records, L'Oréal even achieving its best

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Source: lefigaro

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