Brief: Italy's IEG H1 Net Profit Up At EUR 9.8 Mln

Italian Exhibition SpA

27/08/2020 16:22

Aug 27 (Reuters) - Italian Exhibition Group SpA  IEG.MI :
    * H1 REVENUE EUR 61.8 MILLION VERSUS EUR 99.9 MILLION YEAR AGO
    * H1 NET PROFIT EUR 9.8 MILLION VERSUS EUR 9.7 MILLION YEAR AGO
    * H1 NET PROFIT BENEFITTED FROM NON-RECURRENT FINANCIAL INCOME OF € 9.3 MILLION
    * ON AUG 18 CONFERENCE-RELATED ACTIVITIES RESUMED AT PALACONGRESSI IN RIMINI
    * IT IS LIKELY EVENTS CONFIRMED TO DATE WILL BE SIGNIFICANTLY AFFECTED BY COVID-19 CRISIS
    * HAS ENTERED INTO LOAN AGREEMENTS UNDER ITALY'S GUARANTEE SCHEME SACE FOR EUR 50 MILLION
    * HAS SUFFICIENT LIQUIDITY

Source text for Eikon:  ID:nBIA9bHjR4 
Further company coverage:  IEG.MI 

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