Brief: Elica FY Net Result Turns To Profit Of EUR 12.1 Mln

Elica SpA

16/03/2022 14:48

March 16 (Reuters) - Elica SpA  ELC.MI :
    * FY REVENUE EUR 541.3 MILLION VERSUS EUR 452.6 MILLION YEAR
AGO
    * FY NET PROFIT EUR 12.1 MILLION VERSUS NET LOSS EUR 1.8
YEAR AGO
    * MONITORS SITUATION IN RUSSIA TO ASSESS POTENTIAL FUTURE
EFFECTS,
WHOSE WEIGHT ON 2021 NUMBERS WAS NOT RELEVANT
    * EXPOSURE TO RUSSIAN MARKET IS LIMITED, ABOUT 2% OF
EXPECTED
REVENUES
    * SALES CONTRACTS WITH LOCAL DISTRIBUTORS ARE INDEXED TO
MOVEMENT
OF RUBLE AGAINST EURO


Further company coverage:  ELC.MI 

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