Brief: Landi Renzo FY Net Result Turns To Profit Of EUR 4.1 Mln

Landi Renzo SpA

15/03/2018 18:14

March 15 (Reuters) - LANDI RENZO SPA  LR.MI :
    * FY REVENUE EUR 206.3 MILLION VERSUS EUR 184.2 MILLION YEAR AGO
    * FY NET PROFIT EUR 4.1 MILLION VERSUS LOSS EUR 25.2 MILLION YEAR AGO
    * RESULTS FOR 2018 ARE EXPECTED TO BE IN LINE WITH THE STRATEGIC PLAN
    * FOR 2018 EXPECTS INCREASE IN REVENUES IN AUTOMOTIVE SEGMENT TO BETWEEN €165 MILLION AND
€170
MILLION
    * FOR 2018 EXPECTS ADJUSTED EBITDA MARGIN IN AUTOMOTIVE SEGMENT OF ABOUT EUR 25 MLN, OR 15%
OF
REVENUES

Source text for Eikon:  ID:nBIA571MqP 
Further company coverage:  LR.MI 

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