May 15, 2020 / 4:11 PM / 18 days ago

BRIEF-Fidia Q1 EBITDA Loss Shrinks To EUR 1.3 Mln

May 15 (Reuters) - Fidia SpA:

* Q1 PRODUCTION VALUE EUR 6.1 MILLION VERSUS EUR 12.8 MILLION YEAR AGO

* Q1 NEGATIVE EBITDA EUR 1.3 MILLION VERSUS NEGATIVE EBITDA EUR 1.8 MILLION YEAR AGO

* FIDIA CEO SAYS IT SEES SIGNIFICANT REDUCTION IN PRODUCTION VALUE FOR REST OF YEAR

* FIDIA CEO SAYS SITUATION CALLS FOR USE OF ALL POSSIBLE COST REDUCTION MEASURES, IN PARTICULAR WITH REGARD TO PERSONNEL COSTS Source text for Eikon: Further company coverage: (Gdansk newsroom)

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