Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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%.

Click here to receive FREE breaking news email alerts for Recordati S.p.A. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
German consumer climate is set to improve slightly in November, ending the downward trend, as income expectations among households strengthened on the back of the strong labor market situation, survey data revealed Friday.The forward-looking consumer confidence index rose slightly to 8.5 in November from 8.4 in October. Software giant Microsoft Corp. said Thursday after the markets closed that its first quarter profit fell 13% from last year, hurt mainly by integration and restructuring costs even as revenue surged 25% thanks to strong sales of its gadgets and cloud-based products. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. After turning lower over the course of the previous session, stocks showed a substantial move back to the upside during trading on Thursday. The gains more than offset yesterday's loss, extending the recovery from the recent sell-off.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.