THE BOARD OF DIRECTORS HAS APPROVED THE DRAFT FINANCIAL STATEMENTS AS AT 31 DECEMBER 2019
ALL THE ECONOMIC FINANCIAL INDICATORS INCREASING DOUBLE DIGITS IMPROVING FINANCIAL POSITION THANKS TO THE IMPORTANT CASH FLOW
Production value € 22.6 million, an increase of 17.2% compared to 2018
Trenzano, 02 September 2020 – The Board of Directors of Euro Cosmetic, a company specialized in the formulation and manufacture of Personal Care products (personal hygiene, well-being and perfuming) – approved the draft financial statements at 31 December 2019, drawn up in compliance to IFRS.
Daniela Maffoni, CEO of Euro Cosmetic, commented: “We are undoubtedly satisfied with the results achieved in 2019 which are in line with the growth trend recorded in recent years.
We are also committed to evaluating extraordinary transactions on company capital, to obtain new financial resources that can help us sustain growth in the coming years ”.
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