Brief: LVenture H1 Net Profit Up At EUR 244,000

Zest SpA

11/09/2020 07:37

Sept 11 (Reuters) - LVenture Group SpA  LVEN.MI :
    * REPORTED ON THURSDAY H1 NET PROFIT EUR 244,000 VS EUR
7,000 YEAR
AGO
    * H1 TOTAL REVENUE STABLE AT EUR 2.7 MLN YR/YR
    * SEES 2020 OPERATING REVENUES APPROX. 25% DOWN COMPARED
WITH
BUSINESS PLAN EXPECTATIONS
    * SEES 2020 COSTS REDUCTION OF ABOUT 17% COMPARED TO
BUSINESS PLAN
    * SEES TO CLOSE 2020 FY YEAR WITH A PROFIT, CONFIRMING
COMPANY HAS
ADEQUATE FINANCIAL RESOURCES TO FACE PREDICTABLE SCENARIOS TO
DATE

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA9Gt4kf
    
 Further company coverage:  LVEN.MI  
   


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