Epta Spaâs Board Approves The 2020 Consolidated Financial Statement Fri Apr 23 09:38:45 CST 2021 Source: www.refindustry.com Collect Reading Volume: 269
Share to Weixin X The Board of Directors of Epta S.p.A. â a multinational group specialising in commercial refrigeration â has met under the Chairmanship of Marco Nocivelli to approve the consolidated financial statement of the Company as at 31 December 2020. The financial statement was drafted in accordance with International Financial Reporting Standards (IFRS) drafted by the International Accounting Standards Board (IASB), as ratified by the European Union. THE MAIN CONSOLIDATED RESULTS FOR 2020 Revenue from sales and services for the business year totalled â¬908 million in 2020, down 5% on the previous year, a drop which was mainly concentrated during Q2. The main causes include the Europe-wide lockdown for manufacturing businesses
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Pic: Prada Group The second half of 2020, despite being impacted by ongoing store closures averaging 9 per cent of the network, saw a progressive recovery in sales, culminating, for the retail sales, in a full recovery to 2019 levels in the month of December, the board of directors of luxury goods company Prada said on the performance of the Group in the second semester.
In the second half, the impact of the pandemic on the retail channel was limited to an average of -6 per cent (at constant exchange rates). Europe and Japan were penalised by the lack of tourist flows, while the Americas, the Middle East, Russia and, above all, Asia Pacific recorded positive performances, particularly China with +52 per cent, the Group said in its commercial and financial update.