CFE: Jumps on positive Q3 update, maintained guidance

Compagnie dentreprises CFE SA

23/11/2020 09:28

** Shares in Belgium-based construction company CFE
 CFEB.BR  are up more than 5% after its Q3 trading update beat
expectations 
    ** The company maintains its guidance for 2020 as it reports
9-month revenue of 2.40 billion euros ($2.85 billion) and a
stable order book of EUR 5.4 bln     
    ** "CFE appears to have stabilized in 3Q, with good activity
levels," says KBC, adding the update is "prudently positive"
    ** KBC points out COVID could have a bigger impact in Q4,
but to a lesser degree than in Q2
   

($1 = 0.8425 euros)

 ((clement.martinot@tr.com))