Brief: Clabo FY Net Result Turns To Loss Of EUR 10.3 Mln
31/03/2021 06:42
March 31 (Reuters) - Clabo SpA CLAB.MI :
* REPORTED ON TUESDAY FY NET LOSS EUR 10.3 MLN VS PROFIT EUR
54,000 YEAR AGO
* FY TOTAL REVENUE EUR 35.8 MLN VS EUR 54.6 MLN YEAR AGO
* CHAIRMAN AND CEO PIERLUIGI BOCCHINI SAID COMPANY IS
CONFIDENT
THAT THANKS TO SALES RECOVERY, STRUCTURAL COSTS DECLINE AND
HIGHER PRODUCTION EFFICIENCY OF TWO MAIN PLANTS, 2021 COULD BE
POSITIVE YEAR FOR GROUP
Source text for Eikon: urn:newsml:reuters.com:*:nBIA1dlhFH
Further company coverage: CLAB.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))