May 14, 2020 / 11:34 AM / 16 days ago

BRIEF-Mondadori Q1 Net Loss Widens To EUR 19.1 Mln

May 14 (Reuters) - Arnoldo Mondadori Editore SpA:

* Q1 REVENUE EUR 135.3 MILLION VERSUS EUR 166.8 MILLION YEAR AGO

* Q1 NET LOSS EUR 19.1 MILLION VERSUS LOSS EUR 3.5 MILLION YEAR AGO

* CURRENT MACROECONOMIC AND ECONOMIC SCENARIOS DOES NOT ALLOW TO FORMULATE A NEW AND RELIABLE GUIDANCE

* TO MITIGATE EFFECTS FROM ECONOMIC SITUATION, HAS IMPLEMENTED MEASURES TO REDUCE COSTS AND SELECT INVESTMENTS, AND HAS PREPARED FOR RECOVERY Source text: bit.ly/2T6kWHZ Further company coverage: (Gdansk Newsroom)

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