Brief: Sergeferrari Group Expects FY 2018 Operating Profit To Be Affected By Around -0.4 Million Euros

Sergeferrari SA

28/06/2018 08:04

June 28 (Reuters) - SERGEFERRARI GROUP SA  SEFER.PA :
    * GENERAL ASSEMBLY OF VINYLOOP FERRARA SPA WAS HELD ON JUNE
20,
2018. THIS ASSEMBLY DECIDED TO STOP ACTIVITIES AND TO LIQUIDATE
VINYLOOP FERRARA SPA
    * EXCEPTIONNAL COSTS SHOULD IMPACT CO 2018 NET RESULT BY
ABOUT EUR
-2.5 MILLION
    * EXPECTS OPERATING PROFIT FOR 2018 TO BE AFFECTED BY AROUND
-0.4
MILLION EUROS BY THE COST OF TEXYLOOP'S ACTIVITIES, WHICH ARE
NOW SUSPENDED
    * REAFFIRMS ITS COMMITMENT TO PROVIDE EFFICIENT SOLUTIONS
FOR
RECYCLING OF ITS FLEXIBLE COMPOSITE MATERIALS

Source text for Eikon:  ID:nACT53943 
Further company coverage:  SEFER.PA 

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