Brief: FILA 9-Month Net Profit Down To EUR 34.5 Mln

FILA Fabbrica Italiana Lapis ed Affini SpA

11/11/2022 13:45

Nov 11 (Reuters) - FILA Fabbrica Italiana Lapis ed
Affini SpA  FILA.MI :
    * 9-MONTH NET PROFIT EUR 34.5 MILLION VERSUS EUR 36 MILLION
YEAR
AGO
    * 9-MONTH TOTAL REVENUE EUR 604.5 MILLION VERSUS EUR 501.0
MILLION
YEAR AGO
    * NET EXPOSURE TO THIRD PARTIES OF THE RUSSIAN SUBSIDIARY AT
SEPT
30 WAS EUR 6.2 MILLION
    * SEES SATISFACTORY LEVEL OF CASH GENERATION AND CONSEQUENT
DEBT
REDUCTION FOR 2022
    * SHOULD UKRAINE CRISIS  EXTEND, CONSEQUENCES FOR GROUP
COULD BE
MORE SEVERE THAN ENVISAGED AT PRESENT, REQUIRING NEW ESTIMATES
WITH  NEGATIVE IMPACT ON FINANCIAL STATEMENT, SCENARIOS
CONSIDERED FOR THE SENSITIVITY ANALYSIS AT SEPT 30

Further company coverage:  FILA.MI 
 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587720920;))