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Zucchi closes 2012 with a loss (-10,6 million) but improves on 2011 (-17,7 million)

Revenues drop to 159 million (184,9 in 2011). Ebitda is equal to -0,8 million (+2,3 in the previous year), the margin from operating activities is -8 million (-10,9 million as at 31 December 2011) and Ebit is -8,5 .13,2 million (-2011 in XNUMX)

Zucchi closes 2012 with a loss (-10,6 million) but improves on 2011 (-17,7 million)

Zucchi ended 2012 with a net loss of 10,6 million euros. In 2011 it had closed with a -17,7 million.
Revenues drop to 159 million (184,9 in 2011). Ebitda is equal to -0,8 million (+2,3 in the previous year), the margin from operating activities is -8 million (-10,9 million as at 31 December 2011) and Ebit is -8,5 .13,2 million (-2011 in 101,9). Net financial debt fell to 122,2 million compared to 2011 in XNUMX.

"The group's strategy for the next few years is focused on the internationalization process and the development of the store network," reads the note - These growth drivers, combined with the reorganization and restructuring process of the parent company and its subsidiaries, which determine a significant reduction in structural costs, are aimed at improving economic results and achieving substantial financial stability”.

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