Brief: Bialetti Industrie FY net result swings to profit of EUR 4.1 mln, revenue up 1.4 pct

Bialetti Industrie SpA

26/03/2015 07:29

March 26(Reuters) - Bialetti Industrie SpA  BIA.MI : 
    * Reported on Wednesday FY 2014 revenue of 161 million euros 
($176.9 million), up 1.4 pct from 159 million euros in 2013 
    * FY 2014 EBITDA of 15.6 million euros, up 9 pct from 14.3 
million euros in 2013 
    * FY 2014 net profit of 4.1 million euros versus net loss of 
0.7 million euros a year ago  
    * 'Looking to 2015, although there are situations of 
uncertainty, I am confident on the development of our potential. 
We will continue to vigorously pursue our strategy of 
development of the network of flagship stores opening this year 
about 34 new stores Bialetti in Italy' said President Francesco 
Ranzoni 
    * Appoints Egidio Cozzi as general manager with immediate 
effect  
 
     
  
     
 Source text for Eikon:  ID:nBIA252f0  
     
 Further company coverage:  BIA.MI   
    
 
 
 
($1 = 0.9101 euros) 
 
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