May 8, 2020 / 1:06 PM / 23 days ago

BRIEF-Carel Industries Q1 Net Profit Down At EUR 7.6 Mln

May 8 (Reuters) - Carel Industries SpA:

* Q1 REVENUE EUR 78.7 MILLION VERSUS EUR 80.1 MILLION YEAR AGO

* Q1 NET PROFIT EUR 7.6 MILLION VERSUS EUR 8.9 MILLION YEAR AGO

* EXPECTS A ONE-DIGIT DROP IN REVENUE IN H1

* IT IS NOT POSSIBLE TO INDICATE WITH PRECISION GROUP’S EXPECTATIONS OF RESULTS AT END OF 2020 DUE TO UNCERTAINTY OVER COVID-19 CRISIS TIMING AND IMPACT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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