(Alliance News) - Ratti Spa reported Tuesday that in the first nine months of the year it reported sales revenues of EUR64.5 million from EUR60.1 million, up 7.4 percent from the same period last year.

Sales performance showed a widespread increase in almost all business areas.

Sales by geographical area show revenue growth mainly in European countries of EUR3.6 million and up 13 percent from last year.

The board of directors appointed Lorenzo Zampetti as Chief Financial Officer, Financial Reporting Officer and Investor Relator of Ratti Società Benefit. The appointment will take effect Nov. 15, the date from which Zampetti will succeed Giovanna Tecchio.

Ratti trades in the red by 1.9 percent at EUR2.60 per share.

By Claudia Cavaliere, Alliance News reporter

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