Brief: Italmobiliare H1 Net Result Turns To Loss Of EUR 6.9 Mln

Italmobiliare SpA

29/07/2020 12:52

July 29 (Reuters) - Italmobiliare SpA  ITMI.MI :
    * H1 REVENUE EUR 276.2 MILLION VERSUS EUR 278.3 MILLION YEAR
AGO
    * H1 NET LOSS EUR 6.9 MILLION VERSUS PROFIT EUR 19.1 MILLION
YEAR
AGO
    * NET ASSET VALUE AT END-JUNE AT EUR 38.6 PER SHARE
    * IN SECOND HALF OF  YEAR FURTHER OPPORTUNITIES OFFERED BY
MARKETS
TO HEDGE OR DILUTE CERTAIN SHAREHOLDINGS WILL BE EVALUATED
    * DYNAMICS OF HEIGHTENED VOLATILITY COULD OUTLINE
INTERESTING
INVESTMENT OPPORTUNITIES IN COMPANIES BOTH IN ITALY AND OTHER
GEOGRAPHICAL AREAS, STARTING WITH U.S.

Source text for Eikon:  urn:newsml:reuters.com:*:nBIAb6stZ3
Further company coverage:  ITMI.MI 

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