Brief: Trevi Finanziaria Industriale FY Net Result Swings To Loss Of EUR 53 Mln

Trevi Finanziaria Industriale SpA

29/06/2022 16:50

June 29 (Reuters) - Trevi Finanziaria Industriale SpA
 TFI.MI :
    * FY TOTAL REVENUE EUR 494.6 MILLION VERSUS EUR 491.3
MILLION YEAR
AGO
    * FY NET LOSS EUR 53.0 MILLION VERSUS PROFIT EUR 241.5
MILLION
YEAR AGO
    * ORDER BACKLOG AMOUNTED TO EUR 454.5 MLN, UP BY 43%
COMPARED TO 
DEC. 31, 2020
    * IN 2022, REVENUE IS EXPECTED TO INCREASE COMPARED TO 2021
AT
RATE OF BETWEEN 6% AND 10%
    * ACQUISITION OF NEW ORDERS IN 2022 IS EXPECTED TO BE IN
LINE WITH
THAT OF 2021
    * NO FINANCING DIFFICULTIES ARE EXPECTED SINCE THERE ARE NO
EXPOSURES TO RUSSIA AND UKRAINE
    * HAS NO PRODUCTION ACTIVITIES IN RUSSIA OR UKRAINE, NOR HAS
IT
OUTSOURCED DEVELOPMENT OR USE OF SOFTWARE, DATA CENTRES IN AREAS
AFFECTED BY CONFLICT


Further company coverage:  TFI.MI 

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