Market Overview

Saras Posts Wider Q2 Net Loss


Saras SpA (OTC: SAAFY) 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.


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