Brief: Gabetti 9-Month Net Loss At EUR 1.2 Mln

Gabetti Property Solutions SpA

12/11/2020 17:12

Nov 12 (Reuters) - Gabetti Property Solutions SpA  GABI.MI :
    * 9-MONTH REVENUE FROM AGENCY ACTIVITIES EUR 13.7 MILLION
VERSUS
EUR 15.7 MILLION YEAR AGO
    * 9-MONTH NET LOSS EUR 1.2 MILLION VERSUS LOSS EUR 1.1
MILLION
YEAR AGO
    * 9-MONTH EBITDA EUR 3.2 MILLION VERSUS EUR 2.9 MILLION YEAR
AGO
    * RESOLVES TO EXECUTE PART OF APPROVED CASH CALL FOR EUR 0.8
MILLION RELATED TO NON PERFORMING LOANS
    * IT IS NOT POSSIBLE TO FORESEE IMPACT OF COVID-19 ON REAL
ESTATE
MARKET FOR REST OF 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA95pvzs
Further company coverage:  GABI.MI 

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