trending Market Intelligence /marketintelligence/en/news-insights/trending/u5RxsvtxBn5c5dVl3oZYfA2 content esgSubNav
In This List

AS Creation Tapeten Q3 loss narrows YOY

Blog

Optimism abounds in Indian online video industry

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Podcast

Next in Tech | Episode 64: Digital infrastructure – towers and datacenters unite! Sort of...


AS Creation Tapeten Q3 loss narrows YOY

A.S. Création Tapeten AG said its normalized net income for the third quarter was a loss of 2 euro cents per share, compared with a loss of 79 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of €62,500, compared with a loss of €2.2 million in the prior-year period.

The normalized profit margin climbed to negative 0.2% from negative 5.5% in the year-earlier period.

Total revenue declined 12.9% year over year to €34.6 million from €39.7 million, and total operating expenses declined 13.3% from the prior-year period to €35.0 million from €40.4 million.

Reported net income totaled a loss of €112,000, or a loss of 4 cents per share, compared to a loss of €3.8 million, or a loss of €1.39 per share, in the year-earlier period.