May 12, 2020 / 12:02 PM / a month ago

BRIEF-Sabaf Q1 Net Profit Down At EUR 1.5 Mln

May 12 (Reuters) - Sabaf SpA:

* Q1 REVENUE EUR 43.9 MILLION, +16.5% YEAR/YEAR

* Q1 NET PROFIT EUR 1.5 MILLION VERSUS EUR 2.1 MILLION YEAR AGO

* GROUP EXPECTS A GRADUAL RECOVERY WITH SALES IN SECOND HALF OF YEAR HIGHER OR, IN WORST-CASE SCENARIO, IN LINE WITH THOSE OF FIRST HALF

* EXPECTS IT CAN CONCLUDE H1 2020 WITH SALES OF BETWEEN EUR 78 AND 82 MILLION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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