Vista Alegre Atlantis, Sgps, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
April 01, 2021 at 04:41 pm EDT
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Vista Alegre Atlantis, SGPS, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 110.379 million compared to EUR 120.097 million a year ago. Operating income was EUR 2.456 million compared to EUR 14.287 million a year ago. Net loss was EUR 2.127 million compared to net income of EUR 7.454 million a year ago.
VAA-Vista Alegre Atlantis, SGPS, SA specializes in the manufacturing and marketing of ceramic and crystal products. Net sales break down by family of products and services as follows:
- stoneware sets (43.5%);
- porcelain items (34.8%);
- earthenware products (11%);
- handcrafted crystal and glass products (10.7%).
Net sales are distributed geographically as follows: Portugal (28%), the Netherlands (13.1%), France (10.2%), Spain (9.9%), Germany (7.4%), Italy (5.3%), the United Kingdom (3.1%), Belgium (2.5%), Europe (7.4%), the United States (4.4%), Brazil (3.3%) and other (5.4%).