Brief: I Grandi Viaggi Q1 Net Loss Narrows To EUR 1.2 Mln

I Grandi Viaggi SpA

20/03/2020 06:52

March 20 (Reuters) - I Grandi Viaggi SpA  IGV.MI :
    * REPORTED ON THURSDAY Q1 REVENUE EUR 10.8 MLN VS 11.1 MLN
YEAR
AGO
    * Q1 NET LOSS OF EUR 1.2 MLN VS LOSS OF EUR 2.2 MLN YEAR AGO
    * ON COVID-19 CRISIS, NOT POSSIBLE TO FORMULATE RELIABLE
ESTIMATE
OF ECONOMIC IMPACTS ON 2020 FY FINANCIAL STATEMENTS 
    * ON COVID-19 CRISIS, CO FEARS THAT FOR SUMMER SEASON, IT
WILL NOT
BE POSSIBLE TO OPEN ALL OR PART OF OWNED VILLAGES FOR WHICH
SCHEDULED MAINTENANCE IS IN ANY CASE IN PLACE
    * ON COVID-19 CRISIS, CO WILL TAKE ADVANTAGE OF ALL MEASURES
THAT
GOVERNMENT IS ENACTING TO REDUCE COMPANY COSTS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6v3NHT
    
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