CAREL: revenues steady in the first six months of 2020
2020-10-06
The Board of Directors of CAREL has approved the results as of 30 June 2020: consolidated revenues amounted to Euro 161.0 million, compared to Euro 166.9 million in the period ended 30 June 2019, marking a slight decline of 3.6%. This decline was entirely due to the effects of the lockdown in China and the shutdown of the Group’s Italian production hub (located in Brugine, Padua) following the spread of the COVID-19 pandemic.
