Franchi Umberto Marmi S.p.A.

FUM

IT0005335754

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End-of-day quote Borsa Italiana Other stock markets 03:30:00 28/05/2024 am IST			5-day change	1st Jan Change
5.8 ^EUR	+2.65%		0.00%	-15.70%

15/05	Franchi Umberto Marbles, revenues down double digits in quarter	AN
02/05	Franchi Umberto Marmi's warrants are not exercisable in May	AN

Franchi Umberto Marbles, revenues down double digits in quarter

May 15, 2024 at 09:38 pm IST

(Alliance News) - Franchi Umberto Marmi Spa reported Wednesday that total revenues as of March 31 were EUR19.7 million, down 13 percent, compared to EUR22.7 million recorded in the same period last year, with a significant contribution from sales in EMEA, Asia and North America.

The decrease in revenues is mainly caused by the decline in sales in Italy, the company's note says, which fell by 38 percent.

Significant growth, on the other hand, was achieved in North America, up 86 percent, and Australia, which increased by triple digits.

Franchi Umberto Marmi closed Wednesday in the green by 0.9 percent to EUR5.95 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Franchi Umberto Marmi S.p.A.

Franchi Umberto Marbles, revenues down double digits in quarter	15/05	AN
Franchi Umberto Marmi's warrants are not exercisable in May	02/05	AN
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Franchi Umberto Marmi's warrants are not exercisable in April	02/04	AN
FUM reports profit and revenue down in 2023; there is dividend	28/03	AN
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Franchi Umberto Marmi's warrants are not exercisable in March	01/03	AN
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Company Profile

Franchi Umberto Marmi SpA is an Italy-based company specialized in the provision of Carrara white marble in blocks, slabs and other different shapes. It offers a wide range of marble varieties extracted from quarries in the surroundings of Carrara. It also manages a showroom. Its product offering incudes a variety of different decorative indoor and outdoor products, such as benches, lamps, vases and fountains, among others.

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