Sava Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2016
November 21, 2016 at 06:44 am EST
Sava reported consolidated earnings results for the nine months ended September 30, 2016. The company’s consolidated net loss narrowed to EUR 3 million in the first nine months from EUR 13.9 million a year earlier. Consolidated sales revenue rose 4.0% year-on-year to EUR 53 million in the first nine months. The operating profit of Sava Group companies amounted to EUR 8.4 million in 2016 through September, or EUR 3.4 million more than in the same period last year.