Brief: Seco/Warwick FY Net Result Turns To Loss Of 41.9 Mln Zlotys

Seco/Warwick SA

27/04/2018 08:02

April 27 (Reuters) - SECO/WARWICK SA  SWG.WA :
    * SAID ON THURSDAY THAT ITS FY NET LOSS WAS 41.9 MILLION
ZLOTYS
VERSUS PROFIT OF 19.8 MILLION ZLOTYS YEAR AGO
    * FY REVENUE WAS 483.9 MILLION ZLOTYS VERSUS 550.2 MILLION
ZLOTYS
YEAR AGO
    * FY OPERATING LOSS WAS 25.3 MILLION ZLOTYS VERSUS PROFIT OF
36.7
MILLION ZLOTYS YEAR AGO
    * FY NEGATIVE RESULT IMPACTED BY UNPLANNED COSTS OF
REALIZATION OF
CONTRACTS IN RETECH SYSTEMS AMOUNTING TO 11.8 MILLION ZLOTYS,
OPERATING LOSSES OF UNIT IN INDIA, WRITE-DOWN OF 12.4 MILLION
ZLOTYS CREATED FOR DISCONTINUED OPERATIONS OF SW ALLIED INDIE
AND WRITE-DOWN OF 8.4 MILLION ZLOTYS ON RETECH SYSTEMS LLC
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 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3zmC8ga
    
 Further company coverage:  SWG.WA  
   


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