Brief: FNM H1 Net Loss Widens To EUR 12.6 Mln

FNM SpA

30/07/2021 17:39

July 30 (Reuters) - FNM SpA  FNMI.MI :
    * H1 TOTAL REVENUE EUR 226.4 MILLION VERSUS EUR 137.8
MILLION YEAR
AGO
    * H1 NET LOSS EUR 12.6 MILLION VERSUS LOSS EUR 0.7 MILLION
YEAR
AGO
    * UPWARD REVISION OF GUIDANCE FOR 2021
    * IT IS REASONABLE TO ASSUME THAT IN 2021, COMPARED TO 2020,
REVENUES WILL INCREASE  BY APPROXIMATELY 75%
    * ADJUSTED EBITDA IS EXPECTED TO MORE THAN DOUBLE IN 2021
    * GUIDANCE 2021, ADJUSTED EBITDA MARGIN IS EXPECTED TO
REMAIN 
CONSTANT AS COMPARED WITH 2020

Source text for Eikon:  ID:nBIA3dCb9J 
Further company coverage:  FNMI.MI 

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