Brief: Aquafil H1 Net Result Turns To Loss Of EUR 1.9 Mln
28/08/2020 16:42
Aug 28 (Reuters) - Aquafil SpA ECNL.MI :
* H1 REVENUES: EUR 222.7 MILLION (-22.3%)
* H1 NET LOSS EUR 1.9 MILLION VERSUS PROFIT EUR 10.7 MILLION YEAR AGO
* "FIRST CHOICE" REVENUES REDUCTION STABILIZED AT 23.7% IN JULY AND AUGUST
* EXPECTS THAT IN 2020 ITS REVENUES AND MARGINS WILL DECLINE BY ABOUT 20% VERSUS TO 2019
* EXPECTS NET FINANCIAL POSITION WILL IMPROVE BY ABOUT 10% AT END-2020 VERSUS 2019
Source text for Eikon: ID:nBIAb2Jk2F
Further company coverage: ECNL.MI
(Gdansk Newsroom)
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