Vista Alegre Atlantis, SGPS, S.A. Reports Earnings Results for the Nine Months Ended September 30, 2023
November 30, 2023 at 03:08 pm EST
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Vista Alegre Atlantis, SGPS, S.A. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was EUR 95.36 million compared to EUR 102.72 million a year ago. Net income was EUR 4.71 million compared to net loss of EUR 0.29 million a year ago.
Basic earnings per share from continuing operations was EUR 0.0281 compared to basic loss per share from continuing operations of EUR 0.0017 a year ago. Diluted earnings per share from continuing operations was EUR 0.0281 compared to diluted loss per share from continuing operations of EUR 0.0017 a year ago.
VAA-Vista Alegre Atlantis, SGPS, SA specializes in the manufacturing and marketing of ceramic and crystal products. Net sales break down by family of products and services as follows:
- stoneware sets (43.5%);
- porcelain items (34.8%);
- earthenware products (11%);
- handcrafted crystal and glass products (10.7%).
Net sales are distributed geographically as follows: Portugal (28%), the Netherlands (13.1%), France (10.2%), Spain (9.9%), Germany (7.4%), Italy (5.3%), the United Kingdom (3.1%), Belgium (2.5%), Europe (7.4%), the United States (4.4%), Brazil (3.3%) and other (5.4%).