Brief: Esautomotion Q1 Revenue Up To EUR 8.2 Mln

Esautomotion SpA

02/05/2022 07:05

May 2 (Reuters) - Esautomotion SpA  ESAU.MI :
    * SAID ON SATURDAY Q1 REVENUE EUR 8.2 MLN VS EUR 6.5 MLN
YEAR AGO
    * ON RUSSIA-UKRAINE CRISIS, EFFECTS ARE LIMITED AS AREAS ARE
NOT
SIGNIFICANT AS MARKET 
    * ON COVID-19, MEASURES IN CHINA LED TO HALT OF ACTIVITIES
OF UNIT
ESAUTOMOTION TRADING (SHANGHAI), APPROX. 12% OF GROUP'S REVENUE
    * HALT CAUSED LOSS OF ABOUT ONE MONTH'S REVENUE, BACKLOG IN
CHINESE PRODUCTION
    * GROUP DOES NOT EXPECT RECESSIONARY REPERCUSSIONS ON ANNUAL
BASIS

   
 Further company coverage:  ESAU.MI  

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