Massimo Zanetti Beverage Group S.P.A. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was EUR 222.755 million compared to EUR 217.697 million a year ago. Operating income was EUR 820,000 compared to EUR 6.138 million a year ago. Net loss was EUR 3.223 million compared to net income of EUR 2.350 million a year ago. Basic loss per share was EUR 0.09 compared to basic earnings per share of EUR 0.07 a year ago.