Isagro S.P.A. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2018; Provides Sales Guidance for the Fourth Quarter and Earnings Guidance for the Year 2018 and Provides Revenue Guidance for the Year 2021
In the current year, fourth quarter sales are estimated to increase compared to those of the same period of 2017, with the Agropharma & Services revenues "gap" as at September 30th expected to be recovered at year-end and a 2018 full year net result slightly improving against 2017.
For 2019-2020, the company forecasts a sales growth in Asia and South America, with improvements of margins and a P&L situation in line with the one of the last few years.
As for 2021, the company confirms its target of around 200 million revenues at a consolidated level through organic growth and acquisitions, based on the implementation of its Strategic Guidelines.