Brief: Landi Renzo Q1 Net Loss Widens To EUR 4.2 Mln

Landi Renzo SpA

17/05/2021 07:23

May 17 (Reuters) - Landi Renzo SpA  LR.MI :
    * REPORTED ON FRIDAY Q1 NET LOSS EUR 4.2 VS EUR 1.4 MLN YEAR
AGO 
    * Q1 REVENUES EUR 33.3 MLN VS EUR 37.2 MLN YEAR AGO 
    * SEES ENCOURAGING SIGNS OF IMMINENT ECONOMIC RECOVERY
DESPITE
SLOWER-THAN-EXPECTED PERFORMANCE IN Q1, CURRENT CRITICAL ISSUES
IN PROCURING RAW MATERIALS
    * CONFIRMS FY SALES AND MARGIN PROJECTIONS FOR 2021 FOR BOTH
LANDI
RENZO GROUP AND SAFE&CEC GROUP

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2TVj6P
    
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