Befesa S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 02, 2020 at 08:24 am EST
Befesa S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was EUR 145.176 million compared to EUR 147.578 million a year ago. Operating income was EUR 21.091 million compared to EUR 28.576 million a year ago. Net income was EUR 10.846 million compared to EUR 18.839 million a year ago. Basic earnings per share from continuing operations was EUR 0.32 compared to EUR 0.55 a year ago. For the nine months, sales was EUR 446.371 million compared to EUR 496.605 million a year ago. Operating income was EUR 41.633 million compared to EUR 92.079 million a year ago. Net income was EUR 31.420 million compared to EUR 60.725 million a year ago. Basic earnings per share from continuing operations was EUR 0.92 compared to EUR 1.78 a year ago.