Brief: Pininfarina Q1 Net Loss Shrinks To EUR 1 Mln

Pininfarina SpA

13/05/2022 09:23

May 13 (Reuters) - Pininfarina SpA  PNNI.MI :
    * Q1 PRODUCTION VALUE EUR 16.6 MILLION VERSUS EUR 15.4
MILLION
YEAR AGO
    * Q1 NET LOSS EUR  1.0 MILLION VERSUS EUR 1.6 MILLION YEAR
AGO
    * FORECASTS FOR 2022, BASED ON CURRENT EVIDENCE, INDICATE AN
INCREASING VALUE OF PRODUCTION COMPARED TO WHAT WAS REPORTED IN
2021
    * ON RUSSIA-UKRAINE CRISIS, GROUP SAYS IT HAS LIMITED SALES
ACTIVITIES TO COUNTRIES AFFECTED BY CURRENT WAR
    * ON RUSSIA-UKRAINE CRISIS, GROUP SAYS EFFECT OF
INTERRUPTION OF
ACTIVITIES IS NOT SIGNIFICANT

Further company coverage:  PNNI.MI 

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