Brief: Exprivia Defers Approval Of FY And Q1 Results Due To Uncertainty Regarding Italtel Unit

Exprivia SpA

19/05/2020 06:37

May 19 (Reuters) - Exprivia SpA  XPR.MI :
    * BOARD DEFERS APPROVAL OF FY AND Q1 RESULTS
    * CURRENT UNCERTAINTY REGARDING ITALTEL S.P.A.'S FUTURE
PROSPECTS
DOES NOT ALLOW TO EVALUATE WITH ACCURACY ABILITY OF SUBSIDIARY
TO CONTINUE OPERATING ON THE BASIS OF GOING CONCERN ASSUMPTION
    * IS IN ABSENCE OF FINANCIAL DATA OF ITALTEL NECESSARY TO
PREPARE
AND APPROVE ITS CONSOLIDATED FY RESULTS
    * EXPRIVIA GROUP EXCLUDING ITALTEL GROUP Q1 REVENUES EUR
38.6
MILLION VERSUS EUR 38.3 MILLION YEAR AGO
    * EXPRIVIA GROUP EXCLUDING ITALTEL GROUP Q1 EBITDA EUR 3.1
MILLION
VERSUS EUR 2.9 MILLION YEAR AGO

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6wd1JB
Further company coverage:  XPR.MI 

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