Brief: Fine Foods 9-Month Net Result Turn To Loss Of EUR 2.9 Mln

Fine Foods & Pharmaceuticals NTM SpA

12/11/2021 17:54

Nov 12 (Reuters) - Fine Foods & Pharmaceuticals NTM SpA
 FF.MI :
    * 9-MONTH REVENUES: €143.4 MILLION (+17%)
    * 9-MONTH NET LOSS EUR 2.9 MILLION VERSUS PROFIT EUR 11.0
MILLION
YEAR AGO
    * FOR 2021 AND FUTURE FINANCIAL YEARS, REVENUE GROWTH CAN
REMAIN
IN LINE WITH HISTORICAL TREND, ACCOMPANIED BY PROGRESSIVE
IMPROVEMENT IN EXPECTED MARGINS
    * ISSUE WITH PROCUREMENT OF RAW MATERIALS, SHARP INCREASES
IN
ENERGY COSTS TO IMPACT LAST MONTHS OF 2021 AND 2022 FY

Source text for Eikon:  ID:nBIAbjJSfj 
Further company coverage:  FF.MI 

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