Brief: Fiera Milano H1 Net Result Turns To Loss Of EUR 12.5 Mln

Fiera Milano SpA

29/07/2020 12:08

July 29 (Reuters) - Fiera Milano SpA  FIMI.MI :
    * H1 REVENUE EUR 56.0 MILLION VERSUS EUR 153.9 MILLION YEAR
AGO
    * H1 NET LOSS EUR 12.6 MILLION VERSUS PROFIT EUR 24.1
MILLION YEAR
AGO
    * H1 GROUP SHARE NET LOSS EUR 12.5 MLN VS PROFIT EUR 24.1
MLN YEAR
AGO
    * EBITDA TARGET FOR 2020 HAS BEEN REVISED AT BREAK-EVEN,
COMPARED
TO PREVIOUS RANGE OF EUR 38-43 MILLION
    * UPDATED EBITDA TARGET DOES NOT INCLUDE REDUCTIONS IN RENT
FOR
EXHIBITION SITE AT END OF ONGOING NEGOTIATIONS WITH FONDAZIONE
FIERA MILANO

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4f8srG
Further company coverage:  FIMI.MI 

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