logo
Share SHARE
FONT-SIZE Plus   Neg

Recordati Posts Higher Q1 Profit - Quick Facts

Recordati S.p.A (REC.MI,RCDTF.PK) said its first-quarter net income attributable to equity holders of the parent grew 7.5% to 33.77 million euros from 31.42 million euros last year. Earnings per share amounted to 0.162 euros, higher than 0.150 euros a year ago.

Consolidated revenue in the recent quarter was 219.6 million euros, up 11.0% from 197.84 million euros in the same period of the preceding year. International sales climbed by 14.5%.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Anglo-Dutch oil giant Royal Dutch Shell plans to cut 2,200 more jobs, as the company continues to face lower oil prices, media reported Wednesday citing an emailed statement. The latest round of cuts would bring the total job cuts this year to at least 5,000 globally. In the U.K. and Ireland, the company plans to reduce staff working in exploration and production by 475. Tiffany & Co. (TIF) reported first-quarter net earnings of $87 million, or $0.69 per share compared to $105 million, or $0.81 per share, in the prior year. The company noted that its first-quarter results included a tax benefit of $0.05 per share related to the settlement of a tax examination. On average,... Shares of Marks & Spencer Group plc were losing around 8 percent in the early morning trading in London, after the retailer reported lower profit in its fiscal 2016, hurt mainly by weak results at clothing & Home segment and lower UK LFL sales. Looking ahead, the company warned about profit, and said it sees a similar sales trend in fiscal 2017.
comments powered by Disqus
Follow RTT