Brief: Centrale Del Latte D'Italia FY Net Result Turns To Loss Of EUR 6.5 Mln

Centrale del Latte d'Italia SpA

05/03/2020 12:22

March 5 (Reuters) - Centrale del Latte d'Italia SpA
 CLII.MI :
    * FY NET LOSS EUR 6.5 MILLION VERSUS PROFIT EUR 0.4 MILLION
YEAR
AGO
    * FY REVENUE EUR 175.1 MILLION VERSUS EUR 180.3 MILLION YEAR
AGO
    * 2020-2022 INDUSTRIAL PLAN FORSEES NET RESULT TO SWING TO
PROFIT
IN 2021, TARGET OF EUR 5.5 MILLION
    * SEES 2020-22 INVESTMENTS FOR EUR 17.3 MILLION
    * TARGETS REVENUE OF EUR 187 MILLION IN 2022
    * SEES EBITDA GROWING TO 17.5 MILLION EUROS IN 2022 
    * PROPOSES POWERS TO BE GRANTED FOR CAPITAL INCREASE OF UP
TO EUR
30 MILLION IN FIVE YEARS

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1w04bc
Further company coverage:  CLII.MI 

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