Vista Alegre Atlantis, Sgps, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 05, 2021 at 12:06 pm EDT
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Vista Alegre Atlantis, SGPS, S.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was EUR 18.970 million compared to EUR 24.307 million a year ago. Operating loss was EUR 2.061 million compared to operating Income of EUR 154,000 a year ago. Net loss was EUR 2.317 million compared to EUR 796,000 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%).