Brief: Bialetti Industrie Q1 EBITDA Turns To Loss Of EUR 1.4 Mln

Bialetti Industrie SpA

15/05/2019 09:44

May 15 (Reuters) - Bialetti Industrie SpA  BIA.MI :
    * REPORTED ON TUESDAY Q1 REVENUE EUR 31.0 MLN VS EUR 36.3
MLN YEAR
AGO
    * Q1 REVENUE ON LIKE-FOR-LIKE BASIS EUR 30.7 MILLION VERSUS
EUR
32.6 MILLION YEAR AGO
    * FALL IN Q1 LFL REVENUE IS DUE TO SUPPLY PROBLEMS EMERGED
WITH
FINANCIAL STRUGGLES
    * FALL IN Q1 REVENUE IS ALSO DUE TO CLOSING OF SEVERAL
STORES
UNDER RATIONALIZATION PROCESS OF RETAIL NETWORK
    * Q1 EBITDA LOSS EUR 1.4 MILLION VERSUS EBITDA PROFIT OF EUR
0.5
MILLION YEAR AGO

    
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