Brief: Radici Pietro FY Net Result Turns To Loss Of EUR 0.9 Mln

Radici Pietro Industries & Brands SpA

01/04/2021 07:35

April 1 (Reuters) - Radici Pietro Industries & Brands SpA
 RADIC.MI :
    * REPORTED ON WEDNESDAY FY NET LOSS AT EUR 0.9 MLN VS
PROFORMA
PROFIT OF EUR 5.6 MLN YEAR AGO 
    * FY REVENUE EUR 43.0 MLN VS EUR 59.4 MLN PROFORMA YEAR AGO
    * IT IS NOT POSSIBLE TO QUANTIFY IMPACT OF UNCERTAINTY
LINKED TO
PANDEMIC 
    * UPDATES 2021 TARGETS IN BUSINESS PLAN, CONFIRMS 2022
OUTLOOK
    * SEES REVENUES AT ABOUT EUR 47 MLN, DOWN FROM PREVIOUS
EXPECTATION OF ABOUT EUR 58.0 MLN
    * SEES NET LOSS OF ABOUT 1.3 MLN (IT PREVIOUSLY EXPECTED
PROFIT OF
EUR 1.4 MLN)

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6jW4c8
    
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