Brief: Frigoglass Q4 Net Loss Shrinks To EUR 1.9 Million

Frigoglass SAIC

13/04/2022 07:18

April 13 (Reuters) - Frigoglass SA  FRIr.AT :
    * Q4 SALES EUR 91.0 MILLION VERSUS EUR 63.5 MILLION YEAR AGO
    * Q4 EBITDA EUR 7.3 MILLION VERSUS EUR 6.5 MILLION YEAR AGO
    * Q4 NET LOSS EUR 1.9 MILLION VERSUS LOSS OF EUR 8.8 MILLION
YEAR
AGO
    * CHARGE OF FREE CASH FLOWS FROM ACCUMULATION OF STOCK IN
RUSSIA
AND ROMANIA AIMS TO MEET CONTINUED DEMAND GROWTH IN Q1
    * THE REOPENING OF THE PLANT IN ROMANIA IS EXPECTED IN EARLY
2023
    * SUPPLY CHAIN CHALLENGES AS A RESULT OF THE CONFLICT
BETWEEN
RUSSIA AND UKRAINE AFFECTS CO'S ACTIVITIES IN RUSSIA

Source text: https://bit.ly/3JHzNjr
Further company coverage:  FRIr.AT 

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