Brief: Fidia FY Net Loss Widens To EUR 4.1 Mln

Fidia SpA

16/03/2020 06:34

March 16 (Reuters) - Fidia SpA  FDA.MI :
    * REPORTED ON FRIDAY FY NET LOSS EUR 4.1 MLN VS LOSS EUR 1.3
MLN
YEAR AGO
    * FY REVENUE EUR 45.8 MLN VS EUR 57.7 MLN YEAR AGO
    * ORDER BACKLOG AT END-2019 AT EUR 16.6 MLN VS EUR 22.9 MLN
YEAR
AGO
    * CEO GIUSEPPE MORFINO SAYS 2019 RESULTS WERE "EXTREMELY
UNSATISFACTORY" DUE TO U.S. TRADE WARS AND TECHNICAL-PRODUCTIVE
UNCERTAINTY IN AUTOMOTIVE SECTOR

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAbpjRbc
    
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