Sunday, March 4, 2012

Cir's Sorgenia net profit drops 25% Y/Y in 2010.(Financial report)

(ADPnews) - Feb 21, 2011 - Italian utility Sorgenia, part of industrial holding company CIR SpA (BIT:CIR), reported Monday a consolidated net profit of EUR 50.4 million (USD 68.9m) for 2010, down 24.5% on the year.

Adjusted net profit dropped 6.2% to EUR 62.8 million.

Revenues increased 14.7% to EUR 2.669 billion and …

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