Bolloré: Q3 sales down 3%

(CercleFinance.com) - Bolloré reported Q3 sales of 5.
91 billion euros, down 3% LFL.

While the group reported growth at its transport and logistics division (+2%) it mainly suffered from the decline in oil logistics (-38%), mainly due to the falling prices of oil products and volumes.

Over the first nine months of 2020, revenues reached 17.52 billion euros, down 4%.

At 30 September 2020, the group's cash amounted to 2.7 billion euros at the Bolloré level and 8.5 billion euros including Vivendi, slightly higher than at 30 June 2020.


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