Brief: Fope H1 Net Result Turns To Loss Of EUR 0.1 Mln

Fope SpA

17/09/2020 17:40

Sept 17 (Reuters) - Fope SpA  FOPE.MI :
    * H1 REVENUE EUR 10.2 MILLION VERSUS EUR 15.5 MILLION YEAR
AGO
    * H1 NET LOSS EUR 0.1 MILLION VERSUS PROFIT EUR 1.9 MILLION
YEAR
AGO
    * SEES EXTRAORDINARY REDUCTION IN VOLUMES IN 2020, ALBEIT
STRUCTURE OF PRIMARY SALES MARGINS HAS NOT SUFFERED CONTRACTIONS
AND MAINTAINED 2019 PRE-COVID LEVELS
    * ENVISAGE EBITDA MARGIN POSITION OF 9/10% AND POSITIVE
ECONOMIC
RESULT FOR 2020 YEAR-END

Source text for Eikon:  ID:nBIA1dJdh1 
Further company coverage:  FOPE.MI 

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