Brief: Fiera Milano Q1 Pre-Tax Net Loss Widens To EUR 23.2 Mln

Fiera Milano SpA

10/05/2021 12:42

May 10 (Reuters) - Fiera Milano SpA  FIMI.MI :
    * Q1 PRE-TAX NET LOSS EUR  23.2 MILLION VERSUS PRE-TAX LOSS
EUR
21,000 YEAR AGO
    * Q1 REVENUE EUR  1.5 MILLION VERSUS EUR 47.6 MILLION YEAR
AGO
    * APPOINTS ANDREA MALDI CFO
    * CONFIRMS EBITDA TARGET FOR 2021 IN A RANGE OF 35-45
MILLION
EUROS AND NET FINANCIAL DEBT IN A RANGE OF 0-10 MILLION EUROS
(BEFORE IFRS 16 EFFECTS)
    * SEES IMPACT ON OPERATING PROFITABILITY TO BE POTENTIALLY
OFFSET
BY COST REDUCTION MEASURES FROM AND GOVERNMENT CONTRIBUTIONS IN
DE MINIMIS REGIME

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