Brief: Esautomotion H1 Net Profit Down At EUR 0.3 Mln

Esautomotion SpA

25/09/2020 10:25

Sept 25 (Reuters) - Esautomotion SpA  ESAU.MI :
    * H1 NET PROFIT EUR 0.3 MILLION VERSUS EUR 1.0 MILLION YEAR
AGO
    * H1 TOTAL REVENUE EUR 8.2 MILLION VERSUS EUR 9.7 MILLION
YEAR AGO
    * SEES H2 SALES TO HOLD UP AND EXPECTS PARTIAL RECOVERY OF
NET
PROFITABILITY AND SOME ELEMENTS OF EFFICIENCY IN WORKING CAPITAL
COMPARED TO H1
    * EFFECTS OF PRODUCTS COST REDUCTION WILL BE LIMITED IN
2020, BUT
ARE ESTIMATED TO BE SIGNIFICANT IN 2021

Source text for Eikon:  ID:nBIA5Vprcm 
Further company coverage:  ESAU.MI 

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