Saras Posts Wider Q2 Net Loss

Saras SpA

posted a wider net loss in the second quarter. Saras posted a quarterly net loss of 199.5 million euros ($266.5 million), versus a year-ago net loss of EUR131.8 million. Its quarterly adjusted net loss widened to EUR46.3 million from EUR29.3 million. Saras's revenue rose to EUR2.77 billion from EUR2.67 billion.