Massimo Zanetti Beverage Group S.p.A. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Reports Impairment for the First Quarter Ended March 31, 2019
Massimo Zanetti Beverage Group S.p.A. reported consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported revenue of EUR 217,697,000 compared to EUR 211,202,000 a year ago. Operating profit was EUR 6,138,000 compared to EUR 6,361,000 a year ago. Profit for the period was EUR 2,398,000 compared to EUR 2,797,000 a year ago. Basic earnings per share was EUR 0.07 compared to EUR 0.08 a year ago.
For the quarter, the company reported impairment of 181,000 against 396,000 a year ago.