Brief: Saes Getters Q1 Net Income Up To EUR 1.9 Mln

Saes Getters SpA

12/05/2022 13:05

May 12 (Reuters) - Saes Getters SpA  SAEI.MI :
    * Q1 CONSOLIDATED NET REVENUES EUR 59.2 MILLION VERSUS EUR
41.0
MILLION YEAR AGO
    * Q1 CONSOLIDATED NET INCOME EQUAL TO €1.9 MLN, HEAVILY
PENALIZED
BY NEGATIVE PERFORMANCE OF SECURITIES PORTFOLIO (-€5.5 MLN) DUE
TO UKRAINE-RUSSIA CRISIS 
    * GROUP'S DIRECT EXPOSURE IN RUSSIA, UKRAINE AND BELARUS IS
NEGLIGIBLE
    * FORECASTS FOR 2022, PREPARED BEFORE THE CRISIS, CONFIRM
THE
IRRELEVANCE OF RUSSIA, UKRAINE AND BELARUS
    * GROUP HAS NO SUPPLIERS FROM RUSSIA, UKRAINE AND BELARUS
AND IN
ANY CASE IT HAS DECIDED TO CAUTIOUSLY SUSPEND ANY COMMERCIAL
ACTIVITY TOWARDS RUSSIA


Further company coverage:  SAEI.MI 

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