Brief: Pierrel 9-month net result turns to profit of EUR 6.4 mln, cuts FY 2016 guidance

Pierrel SpA

15/11/2016 09:42

Nov 15 (Reuters) - Pierrel SpA  PRL.MI : 
    * Reported on Monday 9-month revenue 9.6 million euros 
($10.32 million) versus 11.8 million euros a year ago 
    * 9-month net profit of 6.4 million euros versus loss of 4.9 
million euros a year ago 
    * 9-month net result benefits from non-recurring net profit 
from discountinued operations of 10.2 million euros 
    * Cuts FY 2016 and FY 2017 guidance 
    * Sees FY 2016 gross revenue 14.7 million euros (previously 
15.9 million euros) and aggregated negative EBITDA of 1.0 
million euros (previously positive EBITDA of 0.5 million euros) 
    * Sees FY 2017 gross revenue 15.6 million euros (previously 
18.2 million euros) and aggregated positive EBITDA of 0.5 
million euros (previously positive EBITDA of 1.3 million euros) 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA14302 
     
 Further company coverage:  PRL.MI   
    
 
 
 
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