The first quarter of Indesit Company, which closes with net income down 62,2% year over year, at 4,1 million euros compared to 10 million in the same period of 2012. This was communicated by the same company in a note which specifies that revenues are also down, by 3,8%, to 597,7 million.
Ebit in the first quarter amounted to 13,9 million euros, down 33,2%, while net financial debt rose from 442 million in the same period of 2012, up to 505,7 million euros . In the first quarter of 2013, the entire household appliances market in Western Europe suffered, down by 3,9% on the year.
According to the company, what weighed heavily on Indesit's accounts was above all the impact of these difficulties in the European market on the sales volumes of finished products.
In the late morning, Indesit Company shares gained 3,38% on the Stock Exchange, at €6,12 per share.
