MILAN, August 25 (Reuters) – RCS closed the first half with a net loss worsened to 95.4 million from red to 70 million a year before ” according to the write-down of certain assets “.
As for the future, the company expects to close 2015 with revenue essentially unchanged from 2014, a consolidated EBITDA on a comparable basis increased to achieve a margin before non-recurring accounting for 9% of revenues and EBIT Positive net of write-downs in the first half (50.8 million).
‘As we read a note, where also it is stated that the Board was updated on the negotiations for the sale of RCS Libri and exclusivity with Mondadori has been extended to September 30.
The company also asked the creditor banks an improvement of the terms and conditions of funding.
The statement confirms the preliminary data released in July, with revenues falling to 591.9 million and EBITDA pre charges and non-recurring positive 5.1 million.
The group plans to carry out a further cost cutting and record at the end of the 2013-2015 plan benefits 220 000 000, of which 190 million have already been made at the end of June 2015.
The title has accelerated immediately after the publication of the press, and then down again and settle on a gain of about 1%.
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