Brief: Landi Renzo SpA Says FY EBITDA EUR 24.7 Mln, Up 14.9% Compared To Same Period Of Previous Year

Landi Renzo SpA

13/03/2020 20:30

March 13 (Reuters) - Landi Renzo SpA  LR.MI :
    * FY EBITDA AT EUR 24.7 MILLION (12.9% OF REVENUES), UP
14.9%
COMPARED TO SAME PERIOD OF PREVIOUS YEAR (EUR 21.5 MILLION)
    * FY 2019 CONSOLIDATED REVENUES AMOUNTED TO EUR 191.9
MILLION,
INCREASING (+2%) COMPARED TO EUR 188.1 MILLION
    * LANDI RENZO- FY NET PROFIT FOR GROUP AND MINORITY
INTERESTS AT
DEC 31, 2019 WAS EUR 5,982 THOUSAND, COMPARED TO EUR 4,533
THOUSAND AT DEC 31, 2018
    * LANDI RENZO - INITIATES ANALYSIS OF POTENTIAL CRITICAL
ISSUES IN
STRATEGIC COMPONENT SUPPLY CHAIN & ORDER BACKLOG DUE TO SPREAD
OF CORONAVIRUS
    * BOARD MONITORING TO MAKE CORRECTIONS REQUIRED TO REDUCE
IMPACTS
OF , INCLUDING ECONOMIC ONES, OF CORONAVIRUS EPIDEMIC

Source text for Eikon:  ID:nNDLc1djdh 
Further company coverage:  LR.MI 

 ((Reuters.Briefs@thomsonreuters.com;))