Groundforce did not renew contract with 285 workers

In the letter, to which Lusa had access, Paulo Neto Leite, executive president of Groundforce, indicated that, on October 20, he had already informed the team that it would not be possible to “renew the contract of 285 colleagues”.

The handling company Groundforce, which provides ground handling at airports, has not renewed a contract with 285 workers, but has managed to do so in 76 cases, the company president said in an internal note.

In the letter, to which Lusa had access, Paulo Neto Leite, executive president of Groundforce, indicated that, on October 20, he had already informed the team that it would not be possible to “renew the contract of 285 colleagues”.

The manager expressed to these employees "gratitude for their work" and regretted that there was "no recovery of activity in order to renew their contracts".

Still, Paulo Neto Leite wrote, Groundforce managed to renew the contract for 76 workers. “The renewal of these contracts has to be a source of pride at this time for all of us. Despite not being able to renew everyone, in the current framework, it is something that we have to have the perfect notion that it is an act of courage of the shareholders, management, management and all the employees of this company ”, he highlighted.

The president of Groundforce also took stock of the company's performance, highlighting the billing losses that the group suffered until September, compared to what it had predicted, due to the impact of covid-19.

"The recovery of our activity is taking place at values ​​well below the most recent forecast", he lamented.

“In order to have a sense of the impact we are having, we prepared and dimensioned ourselves to reach the end of September with an accumulated turnover of 120,5 million euros, with a total of assisted passengers of 22 million and a total of 102,8 thousand tons of handled cargo ”, but in reality“ the numbers are very different, respectively, 48,5 million euros (58% less), 6,3 million passengers (70% less) and 63,1 , 36 thousand tons of cargo (XNUMX% less) ”, described the manager.

Thus, “the company lost 72 million euros in revenue and has a differential of about 30 million euros from what it expected to have in EBITDA [earnings before interest, taxes, depreciation and amortization]. In September of this year we have a negative accumulated EBITDA of 17,4 million euros, when we should have a positive accumulated EBITDA of 12,6 million euros ”, he said.

“We are adapting our organization to difficult times, favoring dialogue and defending the greatest number of jobs. I do not know how long this crisis will last, nor how the recovery will take place. But I am aware that we are doing everything to prepare the company for the times that we are going through, and the times that are still to come, ”said Paulo Neto Leite, in the same letter.

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