Brief: Centrale del Latte d'Italia 9-month LFL EBIT turns negative at 746,000 euros

Centrale del Latte d'Italia SpA

14/11/2016 15:10

Nov 14 (Reuters) - Centrale del Latte d'Italia SpA  CLII.MI : 
    * 9-month like-for-like net revenue 71.7 million euros ($76.80 million) versus 71.6 million 
euros a year ago 
    * 9-month like-for-like negative EBIT 746,000 euros versus positive EBIT 1.4 million euros a 
year ago 
    * The operating results were mainly affected by the rise in business costs to support the 
brands and to extend sales areas, and to the costs linked to the merger, as well as significant 
on-going maintenance costs sustained to make factories increasingly efficient 
    * At Sept. 30, net profit due to the business combination equalled 12.3 million euros 
 
Source text for Eikon:  ID:nBIA14237  
Further company coverage:  CLII.MI  
 
($1 = 0.9336 euros) 
 
 (Gdynia Newsroom) 
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