Brief: Servizi Italia Q1 Result Turns To Loss Of EUR 89,000

Servizi Italia SpA

13/05/2022 17:13

May 13 (Reuters) - Servizi Italia SpA  SERIT.MI :
    * Q1 REVENUE FROM SALES EUR 65.4 MILLION VERSUS EUR 60.5
MILLION
YEAR AGO
    * Q1 NET LOSS EUR 89,000 VERSUS NET PROFIT EUR 1.4 MILLION
YEAR
AGO
    * GROUP SEES FOR 2022 POSITIVE RESULTS IN ITALY AND BRAZIL
AREA,
WHILE IN TURKEY CONTEXT OF RISING INFLATION AND CURRENCY
VOLATILITY IS AFFECTING ENERGY AND RAW MATERIAL COSTS
    * GROUP ASSUMES IT WILL NOT BE AFFECTED BY DIRECT IMPACTS
RELATED
TO RUSSIA-UKRAINE CONFLICT

Further company coverage:  SERIT.MI 

 (Reporting by Gdansk Newsroom)
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