Italy-based Duferdofin-Nucor posts net loss for 2011

Tuesday, 28 February 2012 16:50:12 (GMT+3)   |  
       

In 2011, San Zeno, Brescia-based Italian beam and merchant bar producer Duferdofin-Nucor posted a consolidated net loss of €19 million, down from the loss of €22.9 million recorded in 2010, according to local media sources.

On the sales revenue side, Duferdofin-Nucor earned €480.1 million last year, up 38.8 percent year on year. Meanwhile, cash flow in 2011 increased to €5.9 million from €1.5 million in 2010. Total investments made by Duferdofin-Nucor in 2011 reached €15 million.


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