Brief: ZPC Otmuchow Prelim. FY Net Loss Widens To 13.1 Mln Zlotys

Zaklady Przemyslu Cukierniczego Otmuchow SA

02/04/2019 11:23

April 2 (Reuters) - ZPC OTMUCHÓW SA  OTMP.WA :
    * REPORTED ON MONDAY PRELIMINARY FY NET LOSS OF 13.1 MILLION
ZLOTYS VERSUS LOSS OF 3.9 MILLION ZLOTYS YEAR AGO 
    * PRELIMINARY FY REVENUE OF 223.2 MILLION ZLOTYS VERSUS
226.3
MILLION ZLOTYS YEAR AGO
    * PRELIMINARY FY EBITDA OF 2.24 MILLION ZLOTYS VERSUS 8.8
MILLION
ZLOTYS YEAR AGO
    * THE COMPANY DECIDED TO CREATE RESERVE OF 4.4 MILLION
ZLOTYS
WHICH WILL AFFECT NEGATIVELY FINANCIAL RESULT FOR 2018
    * RESERVE INCLUDES COURT COSTS, AS WELL AS AMOUNT OF
ESTIMATED
IMPAIRMENT ALLOWANCE FOR POTENTIALLY NEWLY ACQUIRED SHARES OF
PWC ODRA

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7WhWsda
    
 Further company coverage:  OTMP.WA  
   


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