Brief: El En H1 Net Profit Down At EUR 6.4 Mln

El En SpA

10/09/2020 15:44

Sept 10 (Reuters) - El En SpA  ELEN.MI :
    * H1 PRODUCTION VALUE EUR 175.9 MILLION VERSUS EUR 194.6
MILLION
YEAR AGO
    * H1 NET PROFIT EUR 6.4 MILLION VERSUS EUR 10.2 MILLION YEAR
AGO
    * IN PRESENCE OF CURRENT MARKET CONDITIONS, WE AIM FOR FULL
2020
YEAR TO CONTAIN WITHIN 10% DECREASE IN TURNOVER COMPARED TO 2019
    * AIMS ALSO FOR IMPROVING EBIT MARGIN ON SALES IN H2
    * EXPECTS SALES VOLUMES AND OPERATING RESULTS TO IMPROVE IN
H2,
BUT STILL AT LOWER LEVELS THAN IN 2019

Source text for Eikon:  ID:nBIA7QjjLl 
Further company coverage:  ELEN.MI 

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