Brief: WIIT Q1 Net Profit Stable At EUR 2.7 Mln

Wiit SpA

11/05/2022 13:56

May 11 (Reuters) - Wiit SpA  WIIT.MI :
    * Q1 NET PROFIT STABLE AT EUR 2.7 MILLION
    * Q1 REVENUE EUR 26.1 MILLION VERSUS EUR 17.7 MILLION YEAR
AGO
    * ON RUSSIA-UKRAINE CRISIS, GROUP IS NOT EXPOSED TO RUSSIAN
OR
UKRAINIAN COUNTERPARTS, NEITHER DIRECTLY NOR INDERECTLY
    * COMPANY, IN ORDER TO COPE WITH RISING COST OF ENERGY,
CONTRACTED
IN FEB. A FIXED ELECTRICITY PRICE IN GERMANY, ELIMINATING RISK
OF RISING  PRICES, WITH A VIEW TO PRESERVING MARGINS FOR NEXT
FOUR YEARS

Further company coverage:  WIIT.MI 

 (Reporting by Gdansk Newsroom)
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