Brief: Italmobiliare Q3 operating result swings to loss of EUR 4.0 mln

Italmobiliare SpA

06/11/2017 16:28

Nov 6 (Reuters) - ITALMOBILIARE SPA  ITMI.MI : 
    * Q3 REVENUE EUR 94.9 MILLION VERSUS EUR 162.5 MILLION 
YEAR AGO 
    * Q3 OPERATING LOSS EUR 4.0 MILLION VERSUS PROFIT EUR 58.7 
MILLION YEAR AGO 
    * NET ASSET VALUE (NAV) PER SHARE AT SEPT. 30 OF 35.2 
EUROS 
    * INCORPORATES ITS WHOLLY OWNED UNIT FRANCO TOSI 
    * ITS Q3 2016 REVENUE REFLECTED A GAIN OF EUR 71.8 MILLION 
AT THE 
ITALMOBILIARE PARENT AFTER THE DISTRIBUTION OF HEIDELBERGCEMENT 
AG SHARES TO THE SAVINGS SHAREHOLDERS AS PAYMENT OF THE 
EXTRAORDINARY STOCK DIVIDEND 
    * NET OF THIS GAIN, Q3 2016 REVENUE WOULD HAVE BEEN 90.7 
MILLION 
EURO AND WITH RESPECT TO THIS AMOUNT, REVENUE ROSE BY 4.6 
PERCENT IN Q3 2017 
 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4RLD30 
Further company coverage:  ITMI.MI  
 
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