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Analysts Predict Merloni Fiscal Year Results
Feb 4, 2003
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Italian appliance maker Merloni Elettrodomestici is expected to post on Wednesday a FY 02 net profit of EUR 101 million (U.S. $109.5 million), up 38.4 percent versus. 2001, based on a consensus of three analysts' forecasts.

Revenues are seen at EUR 2.46 billion ($2.67 billion), 24.9 percent higher than in 2001, and EBITDA of +24 percent up year-on-year to EUR300M.

Eyes are on the details of company's expansion into dryers, which analysts see enhancing growth momentum. (Dow Jones)

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