Spanish food group SOS Corporacion Alimentaria narrowed its losses in the first nine months of the year.
For the period to the end of September, the olive-oil bottler said losses before taxes narrowed to EUR10.7m (US$14.5m) from a loss of EUR134.1m a year earlier.
Turnover however, slid 12.9% to EUR961m EUR1.06bn in the comparable period last year.
EBITDA climbed to EUR75.8m from a loss of EUR12.9m in the prior-year period.
Despite this, the firm said it managed to reduce its net financial debt in the period to EUR110m.
See Also:
Click here to view the full earnings release.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData