Brief: Frigoglass H1 2017 net loss rises at EUR 36.9 mln

Frigoglass SAIC

25/08/2017 07:18

Aug 25 (Reuters) - FRIGOGLASS SA  FRIr.AT  : 
    * Q2  2017 SALES AT EUR 121.1 MILLION VERSUS EUR 137.8 
MILLION A YEAR AGO 
    * Q2 2017  EBITDA AT 15.7 MILLION EUROS VERSUS 17.3 MILLION 
EUROS YEAR AGO 
    * Q2 NET LOSS AT 24.6 MILLION EUROS VERSUS LOSS OF 16.8 
MILLION EUROS YEAR AGO 
    * H1  2017 SALES AT EUR 215.4 MILLION VERSUS EUR 239.7  
MILLION A YEAR AGO 
    * H1 2017  EBITDA AT 25.2 MILLION EUROS VERSUS 28.0 MILLION 
EUROS YEAR AGO 
    * H1 NET LOSS AT 36.9 MILLION EUROS VERSUS LOSS OF 25.1 
MILLION EUROS YEAR AGO 
    * "EXPECT GROWTH MOMENTUM TO CONTINUE MAINLY FOLLOWING 
INCREASED PLACEMENTS FROM COCA-COLA BOTTLERS IN RUSSIA, GERMANY 
AND FRANCE"- OUTLOOK 
    * "CAPITAL EXPENDITURE FOR 2017 IS ESTIMATED AT 
APPROXIMATELY EUR 20 MILLION"- OUTLOOK 
    * " MACROECONOMICS IMPROVEMENT IN RUSSIA, COOLER INVESTMENTS 
FROM BREWERY CUSTOMERS WILL IMPROVE IN THE SECOND HALF OF THE 
YEAR, COMPARED TO LAST YEAR"- OUTLOOK 
 
Source text: http://bit.ly/2wDGSk5 
Further company coverage:  FRIr.AT  
 
 (Gdynia Newsroom) 
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