Brief: Irce 9-month net profit falls to EUR 1.4 mln
11/11/2016 15:21
Nov 11 (Reuters) - Irce SpA IRC.MI :
* 9-month net profit 1.4 million euros ($1.52 million) versus 5.1 million euros a year ago
* 9-month turnover 221.6 million euros versus 271.7 million euros a year ago
* The winding wire sector recorded a decrease in sales volumes in line with the reduction in
market demand
* The cable industry showed a decline due to the slowdown in demand, which worsens in the
last quarter
* Expects for FY 2016 results in line with FY 2015
Source text for Eikon: ID:nBIA11254
Further company coverage: IRC.MI
($1 = 0.9195 euros)
(Gdynia Newsroom)
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