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Acerinox SA Announces Drop In Q1 Profit

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Acerinox SA (ACE1.F) reported a profit for first quarter that Dropped, from the same period last year

The company's earnings totaled EUR5 million, or EUR0.02 per share. This compares with EUR10 million, or EUR0.04 per share, last year.

The company's revenue for the period fell 10.8% to EUR1.384 billion from EUR1.551 billion last year.

Acerinox SA earnings at a glance (GAAP) :

-Earnings: EUR5 Mln. vs. EUR10 Mln. last year.
-EPS: EUR0.02 vs. EUR0.04 last year.
-Revenue: EUR1.384 Bln vs. EUR1.551 Bln last year.

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