Brief: Prismi FY Net Loss Widens To EUR 5.3 Mln, Issues Business Plan 2020-2024

PRISMI SpA

19/03/2020 09:13

March 19 (Reuters) - PRISMI SpA  PRSM.MI :
    * REPORTED ON WEDNESDAY FY PRODUCTION VALUE EUR 22.0 MLN VS
21.2
MLN YEAR AGO 
    * FY NET LOSS OF EUR 5.1 MLN VS LOSS OF EUR 1.6 MLN YEAR AGO
    * DOES NOT REPORT 2019-2023 BUSINESS PLAN TARGETS AMID
IMPOSSIBILITY TO FORECAST DURATION OF COVID-19 CRISIS AND ITS
IMPACT ON BUSINESS  
    * ON COVID-19 CRISIS, GROUP CLOSED OFFICES, MASSIVELY
ACTIVATED
SMART WORKING PROCEDURES
    * ISSUES 2020-2024 BUSINESS PLAN 
    * PLAN ENVISIONS SIGNIFICANT EBITDA GROWTH FROM BOTH
EXPECTED
INCREASE IN VOLUMES, WITH CONSEQUENT SCALE EFFECT, AND IMPORTANT
COST-CUTTING ACTION LAUNCHED IN OCT 2019

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA41gXy8
    
 Further company coverage:  PRSM.MI  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))