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BIE - Bioera SpA News Story

€0.25 0.0  2.5%

Last Trade - 12:02pm

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £3.34m
Enterprise Value £10.1m
Revenue £18.1m
Position in Universe 711th / 730

BRIEF-Bioera FY Net Loss Shrinks To EUR 3.6 Mln

Tue 16th April, 2019 8:34am
April 16 (Reuters) - Bioera SpA  BIE.MI : 
    * REPORTED ON MONDAY FY REVENUE EUR 41.4 MLN VS EUR 47.1 MLN
YEAR
AGO
    * FY NET LOSS EUR 3.6 MLN VS LOSS EUR 5.1 MLN YEAR AGO
    * HAS SHIFTED STRATEGY IN 2018 TOWARDS LARGE-SCALE RETAIL
CHANNEL
FROM HERBAL REMEDIES AND SPECIALIST CHANNELS
    * SHIFT TOWARDS STRATEGY TOWARDS LARGE-SCALE RETAIL CHANNEL
HAS
STARTED PRODUCING INCREASE IN TURNOVER BUT NOT ENOUGH YET TO
COMPENSATE FOR LOSSES IN SPECIALIST CHANNEL

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7DFZMj
    
 Further company coverage:  BIE.MI  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))
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