Frigoglass widens Q4 losses, Russian market hurts

Frigoglass SAIC

31/03/2016 08:44

ATHENS, March 31 (Reuters) - Greek refrigerator maker 
Frigoglass  FRIr.AT  said on Thursday its fourth-quarter losses 
widened due to tough conditions in Russia. 
    Frigoglass, which supplies Coca-Cola HBC  CCH.L  and other 
European brewers, reported net losses of 15.9 million euros 
($18.02 million) for the fourth quarter last year, versus losses 
of 6.2 million euros in the same period a year ago. 
    Turnover also fell by 29.5 percent to 89.9 million euros. 
     
 
($1 = 0.8821 euros) 
 
 (Reporting by Lefteris Karagiannopoulos, Editing by Angeliki 
Koutantou) 
 ((lefteris.karagiannopoulos@thomsonreuters.com; +30 
2103376443;)) 
 
Keywords: FRIGOGLASS RESULTS/