Vista Alegre Atlantis, Sgps, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 16, 2020 at 09:14 am EDT
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Vista Alegre Atlantis, SGPS, S.A. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was EUR 24.307 million compared to EUR 30.375 million a year ago. Operating income was EUR 154,000 compared to EUR 2.955 million a year ago. Net loss was EUR 796,000 compared to net income of EUR 1.484 million 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%).