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Rovese ceramics posts net loss of PLN 30.2 mln in Q4 vs. PLN 1.8 mln profit expected

TAG'S: ROVESE, Industrial (other)

 

Listed ceramics producer Rovese posted a PLN 30.2 mln attributable net loss in Q4 2013 vs. expectations for PLN 1.8 mln net profit and after a PLN 36.4 mln loss in the year-prior period, PAP calculations based on FY and 9M figures showed.

 

EBIT loss of PLN 8.2 mln was also worse than expectations for PLN 19.6 mln profit but was less wide than the PLN 51.1 mln loss recorded a year earlier.

 

 

ROVESE Q4 FIGURES VS. PAP CONSENSUS & PRIOR-YEAR PERIOD:

 

 Q4 2013ConsensusQ4 y/yvs consensus
  PLN mln PLN mln % %
Revenues 384,9 472,6 2,5 -18,6
Operating profit -8,2 19,6 -51,1 -141,7
attrib Net Profit -30,2 1,8 -16,8 -1 779,9

2014-03-23



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