Brief: Gvs 9-Month Net Profit Up At EUR 57.2 Mln

GVS

05/11/2020 14:53

Nov 5 (Reuters) - GVS SpA  GVS.MI :
    * 9-MONTH REVENUE EUR 258.2 MILLION VERSUS EUR 172.5 MILLION
YEAR
AGO
    * 9-MONTH NET PROFIT EUR 57.2 MILLION VERSUS EUR 26.6
MILLION YEAR
AGO
    * SEES FOR END-2020 REVENUE OF ABOUT EUR 350 MILLION, UP 54%
YEAR/YEAR
    * SEES 2020 ADJUSTED EBITDA MARGIN IN LINE WITH PROGRESSIVE
RESULTS ACHIEVED AT SEPT-END
    * 2020 GROWTH 2020 HIGHER THAN AVERAGE THANKS TO HIGHER
DEMAND FOR
VENTILATION FILTERS AND PROTECTIVE EQUIPMENT DUE TO COVID-19

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7Gdh87
Further company coverage:  GVS.MI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))