May 15, 2020 / 4:17 PM / 9 days ago

BRIEF-Landi Renzo Q1 Net Result Turns To Loss Of EUR 1.4 Mln

May 15 (Reuters) - Landi Renzo SpA:

* Q1 REVENUE EUR 37.2 MILLION VERSUS EUR 43.8 MILLION YEAR AGO

* Q1 NET LOSS EUR 1.4 MILLION VERSUS PROFIT EUR 603,000 YEAR AGO

* BOARD RESOLVES NOT TO PROCEED TO BUY-BACK AND DISPOSAL OF TREASURY SHARES IN 2020

* MANAGEMENT HAS DECIDED TO POSTPONE FY OUTLOOK UPDATE UNTIL GREATER CLARITY ON COVID-19 CRISIS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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