Brief: Fila H1 Net Profit Down At EUR 2.8 Mln

FILA Fabbrica Italiana Lapis ed Affini SpA

05/08/2020 16:50

Aug 5 (Reuters) - FILA Fabbrica Italiana Lapis ed Affini SpA
 FILA.MI :
    * H1 REVENUE EUR 313.5 MILLION VERSUS EUR 354.4 MILLION YEAR
AGO
    * H1 GROUP NET PROFIT EUR 2.8 MILLION VERSUS EUR 17.0
MILLION YEAR
AGO
    * 2020 OUTLOOK WILL BE AFFECTED BY THE INSTABILITY RESULTING
FROM
THE OUTBREAK OF COVID-19
    * H2 MAY BE IMPACTED IF CHILDREN DO NOT RETURN TO CLASSROOM
LESSONS AS NORMAL
    * COVID-19 TO DATE HAS NOT HALTED OR CHANGED ANY OF GROUP'S
DEVELOPMENT PLANS AND STRATEGY, ONLY ACTING TO SLOW THEM
    * SEES SLIGHT IMPROVEMENT IN OPERATING AND FINANCIAL
PERFORMANCE
IN H2 IF SCHOOLS REOPEN IN SEPT

Source text for Eikon:  ID:nBIA9kL6DT 
Further company coverage:  FILA.MI 

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