Edition:
United Kingdom

Danieli & C Officine Meccaniche H1 Net Profit Down At EUR 21.7 Mln


Tuesday, 6 Mar 2018 

March 7 (Reuters) - Danieli & C Officine Meccaniche SpA ::REPORTED ON TUESDAY H1 REVENUE EUR 1.25 ‍​ BLN VS EUR 1.16 BLN YEAR AGO .H1 NET PROFIT EUR ‍​21.7 MLN VS EUR 39.0 MLN YEAR AGO.ORDER BOOK AT END DEC AT EUR 2.79 BLN VS 2.53 AT END DEC 2016.H1 NET PROFIT IS BELOW FORECASTS MADE AT BEGINNING OF THE YEAR, PENALIZED BY NEGATIVE EXCHANGE RATES AT DEC. 31, 2017 (ALLOCATED TO THE PLANT MAKING SEGMENT) OF THE PROVISION, AND RECEIVABLES IN FOREIGN CURRENCY (USD).PREDICTS THAT YEAR-END RESULTS WILL BE IN LINE WITH THE FORECASTS MADE AT THE BEGINNING OF THE YEAR.