February 27, 2020 / 6:56 AM / a month ago

BRIEF-Pierrel FY Net Profit Up At EUR 2.3 Mln, Issues 2022 Financial Targets

Feb 27(Reuters) - Pierrel SpA:

* REPORTED ON WEDNESDAY FY REVENUES EUR 21.9 MLN VS EUR 20.4 YEAR AGO

* FY EBITDA EUR 4.4 MLN VS EUR 3.3 MLN YEAR AGO

* UPDATES 2020-2021 FINANCIAL TARGETS

* SEES 2020 REVENUES AT EUR 23.3 MLN AND EBITDA AT EUR 4.3 MLN

* SEES 2021 REVENUES AT EUR 28.4 MLN AND EBITDA AT EUR 6.4 MLN

* ISSUES 2022 FINANCIAL TARGETS

* SEES 2022 REVENUES AT EUR 35.6 MLN AND EBITDA AT EUR 9.5 MLN

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