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CALP back into profit in 2004

Italian crystal products maker Cristalleria Artistica La Piana SpA (CALP) posted a net profit of EUR 670,000 (USD 861,352) for 2004, it was reported on 2 May 2005. The company closed 2003 with a net l…Italian crystal products maker Cristalleria Artistica La Piana SpA (CALP) posted a net profit of EUR 670,000 (USD 861,352) for 2004, it was reported on 2 May 2005. The company closed 2003 with a net l…

Italian crystal products maker Cristalleria Artistica La Piana SpA (CALP) posted a net profit of EUR 670,000 (USD 861,352) for 2004, it was reported on 2 May 2005. The company closed 2003 with a net loss of EUR 6.54 million (USD 8.4 million). Net revenue in 2004 stood at EUR 79.95 million (USD 102.8 million), up 21.08% year-on-year, the company said in a statement. The company, based in Colle val D“Elsa in the province of Siena, central Italy, is quoted on the stock exchange. The shareholders“ meeting approved the 2004 balance sheet on 28 April 2005, and appointed the members of the board of directors including Enzo Urbani, Girolamo Adessi, Stefano Lucherini, Graziano Giglioli, Giulio Meoni and Antonella Beltrame. Enzo Urbani became CEO of CALP on 1 March 2005 and has also succeeded to the chairmanship, replacing Mauro Faneschi.

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