Brief: Biesse Q3 Net Profit Down 29.5% YoY

Biesse

30/10/2019 14:34

Oct 30 (Reuters) - Biesse SpA  BSS.MI :
    * Q3 REVENUE EUR 166.9 MILLION, UP 1.0% YEAR AGO
    * 9-MONTH REVENUE EUR 511.1 MILLION, DOWN 2.0% YEAR AGO
    * Q3 NET PROFIT EUR 4.4 MILLION, DOWN 29.5% YEAR AGO
    * 9-MONTH NET PROFIT EUR 14.8 MILLION VERSUS EUR 23.5
MILLION YEAR
AGO
    * 2019 CONSOLIDATED REVENUES: EXPECTED RANGE 695-705 MILLION
EUROS
    * EXPECTS 2019 EBITDA TO BE IN EUR 70 - 75 MILLION RANGE
    * WAITING TO UPDATE TARGETS OF THE GROUP'S THREE-YEAR
BUSINESS
PLAN FOR THE THREE-YEAR PERIOD 2020-2022

Source text for Eikon:  ID:nBIA7zQN5l 
Further company coverage:  BSS.MI 

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