Brief: Nextil FY Net Loss Widens To 24.4 Mln Euros YoY

Nueva Expresion Textil SA

01/03/2021 06:41

March 1 (Reuters) - Nueva Expresion Textil SA  NXTE.MC :
    * SAID ON FRIDAY FY NET LOSS 24.4 MILLION EUROS VERSUS LOSS
9.0
MILLION EUROS YEAR AGO
    * FY SALES 58.5 MILLION EUROS VERSUS 93.7 MILLION EUROS YEAR
AGO
    * FY NEGATIVE EBITDA 9.0 MILLION EUROS VERSUS POSITIVE 3.0
MILLION
EUROS YEAR AGO
    * EXPECTS GRADUAL RECOVERY OF ACTIVITY IN EARLY 2021
    * FROM H2 ONWARDS, ACTIVITY IS EXPECTED TO INCREASE AND
RECOVER
LEVELS OF THE SAME PERIOD BEFORE PANDEMIC    

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM427lqS
    
 Further company coverage:  NXTE.MC  
   


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