Sorin Group S.p.A. (SRN) Reports Second Quarter 2012 Results
7/30/2012 10:05:37 AM
MILAN--(BUSINESS WIRE)--Consolidated results for the second quarter of 2012: Revenues were €188.2 million; Net profit was €7.4 million; Free cash flow? was €37.4 million; Sorin Group estimates that the negative impact on revenues, net profit and free cash flow related to the manufacturing interruption of the Mirandola plant following the earthquakes of May 2012 was, respectively, around €17 million, €11 million and €3 million. The reported results do not include any recovery from the insurance policy program.