Brief: Bialetti Industrie FY Prelim. Adj. EBITDA Down At EUR 17.4 Mln

Bialetti Industrie SpA

15/03/2018 13:51

March 15 (Reuters) - BIALETTI INDUSTRIE SPA  BIA.MI :
    * FY PRELIM TURNOVER AT CONSTANT CURRENCIES AND PERIMETER EUR 178.6 MILLION VERSUS EUR 176.5
MILLION YEAR AGO
    * FY PRELIM ADJUSTED EBITDA EUR 17.4 MILLION VERSUS EUR 21.6 MILLION YEAR AGO
    * APPROVES 2018-2020 BUSINESS PLAN
    * TO FOCUS BUSINESS ON PRODUCTS WITH HIGHER MARGINS, SUCH AS PRODUCTS FROM COFFEE SEGMENT
    * PLANS RATIONALIZATION AND CONSOLIDATION OF CURRENT STORE NETWORK TO SUPPORT THOSE WITH
GREATER
PROFITABILITY
    * TO DOWNSIZE AND REORGANIZE TURKISH SUBSIDIARY CEM BIALETTI

Source text for Eikon:  ID:nBIA3JsnVM 
Further company coverage:  BIA.MI 

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