Brief: Biesse Q3 Net Profit Down 41.5% At EUR 2.6 Mln

Biesse

30/10/2020 13:19

Oct 30 (Reuters) - Biesse SpA  BSS.MI :
    * Q3 REVENUE EUR 139.7 MILLION, DOWN 16.3% YEAR/YEAR
    * Q3 NET PROFIT EUR 2.6 MILLION, DOWN 41.5% YEAR ON YEAR
    * SEES 2020 REVENUE BETWEEN EUR 530 MILLION AND EUR 560
MILLION
    * SEES 2020 EBITDA MARGIN BETWEEN 8.0% AND 9.0%
    * SEES IMPROVING NET FINANCIAL POSITION BY YEAR-END COMPARED
TO
2019

Source text for Eikon:  ID:nBIA4plcBt 
Further company coverage:  BSS.MI 

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