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Landi Renzo: Shareholders Meeting held 2020 Financial Statements approved: Consolidated revenues of € 142.5 million, a decrease compared to € 191.9 million in FY19; EBITDA adjusted equal to € 8 million, a decrease compared to 26.3 million in FY19; Net loss equal to € 7.9 million, compared to a net profit of € 6 million in FY19; Negative Net Financial Position for € 72.9 million (pre IFRS 16 equal to € 67.4 million), compared to 61.8 million as at 31 December, 2019 First section of the Report on the remuneration policy and the compensation paid as at 31 December, 2020 approved, pursuant to Article 123-ter, paragraph 3-bis, of Legislative Decree no. 58/1998; favourable vote in respect to the second section of the said Report, pursuant to Article 123-ter, paragraph 6, of Legislative Decree no. 58/1998 ....
Where Italy s Family-Run Factories Go From Here One year into the worst crisis of a generation, the nation s ancestral trades may â finally â be on the upswing. Author: Feb 16, 2021 An employee cuts tissues at a clothing factory in the town of Alba in Italy s Piedmont region. Photo: Marco Bertorello/AFP via Getty Images One year into the worst crisis of a generation, the nation s ancestral trades may â finally â be on the upswing. For the ancestral footwear factories that dot Italy s eastern coast, March is one of the busiest months. Not only do these four weeks arrive smackdab in the middle of manufacturers enormous spring deliveries, they also usher in the lucrative resort season, too. So as the Northern Hemisphere begins its annual defrost, Italy s family-run operations are shuttling their lush silks and buttery insoles across the globe for you to wear all summer long. ....