Brief: Fiera Milano Q3 Net Loss Before Tax Widens To EUR 12.4 Mln

Fiera Milano SpA

14/11/2019 13:15

Nov 14 (Reuters) - Fiera Milano SpA  FIMI.MI :
    * Q3 REVENUE EUR 30.1 MILLION VERSUS EUR 35.6 MILLION YEAR
AGO
    * Q3 NET LOSS BEFORE TAX EUR 12.4 MILLION VERSUS LOSS EUR
6.4
MILLION YEAR AGO
    * FAVOURABLE TREND IN EXHIBITIONS ALLOWS 2019 EBITDA TO BE
ESTIMATED IN UPPER PART OF RANGE OF EUR 96-100 MILLION
    * WITH REFERENCE TO BUSINESS FORECASTS FOR 2020 IN 2018-2022
STRATEGIC PLAN, POSITIVE IMPLEMENTATION OF PLAN, RAISED TARGET
EBITDA TO RANGE OF EUR 71-75 MILLION, COMPARED TO PREVIOUS RANGE
OF EUR 13-17 MILLION, WHICH DID NOT INCLUDE IFRS 16 AMOUNTING TO
APPROX. 48 MILLION

Source text for Eikon:  ID:nBIA4BKyPj 
Further company coverage:  FIMI.MI 

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