Italy’s Bio-on slashes 2019 sales forecast, blames U.S. hedge fund

Company have to cut its full-year sales forecast from external customers to 20 million euros, compared with previous guidance for overall revenue of 78 million

Italy’s Bio-on SpA (ON.MI) reported a collapse in first-half revenue and slashed its full-year sales forecast on Tuesday, blaming what…

Full text: https://www.reuters.com/article/us-bio-on-results-quintessential/italys-bio-on-slashes-2019-sales-forecast-blames-u-s-hedge-fund-idUSKBN1WG4FI

Author

Claudia Cristoferi

Source

Reuters, 2019-10-01.

Supplier

Bio-on
Unilever

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