Brief: SIT 9-M Adj. Net Profit Down To EUR 0.9 Mln

SIT SpA

09/11/2023 11:53

Nov 9 (Reuters) - SIT SpA  SITT.MI :
    * 9-MONTH ADJUSTED NET PROFIT EUR 0.9 MILLION VERSUS EUR 8.2
MILLION YEAR AGO
    * 9-MONTH REVENUE EUR 242.1 MILLION VERSUS EUR 290.4 MILLION
YEAR
AGO
    * SEES 2023 ADJUSTED EBITDA BETWEEN 9-10%
    * STARTS TALKS WITH COMPETENT BODY FOR REORGANIZATION OF
LOCAL
PRODUCTION STRUCTURE IN NETHERLANDS
    * SEES 2023 SALES DOWN 18-21% COMPARED TO PREVIOUS YEAR

Further company coverage:  SITT.MI 

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