Brief: Bastogi FY Net Result Turns To Loss Of EUR 3.2 Mln

Bastogi SpA

15/04/2020 16:12

April 15 (Reuters) - Bastogi SpA  BTGI.MI :
    * FY NET LOSS EUR 3.2 MILLION VERSUS PROFIT EUR 17.0 MILLION
YEAR
AGO
    * FY REVENUE FROM SALES AND OTHER REVENUE EUR 51.4 MILLION
VERSUS
EUR 90.3 MILLION YEAR AGO
    * CURRENT COVID-19 CRISIS, IF PROTRACTED, COULD HAVE
SIGNIFICANT
IMPACTS ON OPERATIONS OF SOME SECTORS OF GROUP
    * CURRENT COVID-19 CRISIS, IF PROTRACTED, COULD HAVE
SIGNIFICANT
IMPACTS ALSO ON TIMING AND VALUE OF SALE OF SOME ASSETS
CURRENTLY ENVISAGED FROM BUSINESS PLANS
    * ON COVID-19, IN THIS CONTEXT, IT IS CONSIDERED REASONABLE
TO
ASSUME THAT GROUP WILL MEET ITS COMMITMENTS OVER THE NEXT 12
MONTHS
    * ON COVID-19, TARGETS AND OPERATIONAL ACTIONS ENVISAGED IN
BUSINESS PLANS ARE NOT CHANGED BY CURRENT PANDEMIC CRISIS
ALTHOUGH TIMING OF IMPLEMENTATION CAN BE INFLUENCED

Source text for Eikon:  ID:nBIA2Kf3dG 
Further company coverage:  BTGI.MI 

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