Buzzi released its Q1 trading statement with net sales down by 0.8% (+4.5% lfl), the growth driven mainly by Italy, which benefited from the strengthening in domestic demand and an easy comparison base. FX had a significant impact of -5% on sales. Buzzi has reiterated its outlook for the year.
07 May 2021
Q1 21: last year’s growth drivers - this year’s laggards
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Q1 21: last year’s growth drivers - this year’s laggards
- Published:
07 May 2021 -
Author:
Sejal Varshney -
Pages:
2
Buzzi released its Q1 trading statement with net sales down by 0.8% (+4.5% lfl), the growth driven mainly by Italy, which benefited from the strengthening in domestic demand and an easy comparison base. FX had a significant impact of -5% on sales. Buzzi has reiterated its outlook for the year.