Situation point at the end of July 2020

SITUATION POINT AT THE END OF JULY 2020

– High expected impact of the general contraction in economic and oil activity on 2020 results
– Three important booster forces:

o Strengthening the financial structure during the period from January 1st to July 31,
o Intensification of DOLFINES’ growth momentum in New Energies,
o Although affected by the crisis, the Oil and Gas business remains an important     rebounding medium.

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