PEA / PME ABEO listed Euronext

ABEO to supply FIBA Basketball World Cup 2019 in China and 2020 Olympic and Paralympic Games in Japan   (28/09/2017 18:15)

ABEO, a designer, manufacturer and distributor of sports and leisure equipment, today announces that its specialist team sport brand SCHELDE SPORTS has been chosen as exclusive supplier to two major international competitions: the next FIBA Basketball World Cup 2019 in China from 31 August to 15 September 2019 and the Tokyo 2020 Olympic & Paralympic Games, due to be held respectively from 24 July to 9 August 2020 and from 25 August to 6 September 2020.

The agreement signed by ABEO and International Basketball Federation FIBA, the world's governing body for basketball, covers the supply, installation and service of basketball backstops in all stadiums for the FIBA Basketball World Cup 2019 in China and the 2020 Tokyo Olympics and Paralympics.

Thanks to this double contract, ABEO has once again confirmed its status as a go-to supplier of basketball equipment for major international competitions.

ABEO CEO Olivier Estèves said: “We are extremely proud to see our expertise recognised once again, via two major sporting events. This contract gives the Group increased visibility worldwide, and particularly on the Asian continent. We are also happy to guarantee ABEO's involvement in the next Olympic Games. This will be the 15th time we have contributed to this event.”

Link to FIBA press release

Read more at www.abeo-bourse.com


ABOUT ABEO
ABEO is a major player in the sports and leisure (“sportainment”) market. The Group posted revenue of €167 million for the year ended 31 March 2017, 70% of which was generated outside France. At year-end it had 1,200 employees.
ABEO is a designer, manufacturer and distributor of sports and leisure equipment. It also provides assistance in implementing projects to professional customers in the following sectors: specialised sports halls and clubs, leisure centres, education, local authorities, construction professionals, etc.
ABEO has a unique global offering, and operates in a wide variety of market segments, including gymnastics apparatus and landing mats, team sports equipment, physical education, climbing walls, leisure equipment and locker room fittings. The Group has a portfolio of strong brands which partner sports federations and are featured at major sporting events, including the Olympic Games.
 
ABEO (ISIN code: FR0013185857, ABEO) is listed on Euronext Paris – Compartment C.

Contacts

For any questions relating to this press release or the ABEO Group, please contact ACTUS finance & communication:

Investor relations – Corinne Puissant investor@beo.fr Tel: +33 (0)1 53 67 36 77

Press relations – Serena Boni presse@beo.fr Tel: +33 (0)4 72 18 04 92


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  • 10 June 2020 after close of trading Full-year 2019/20 results