Aleo expects to report a €29.4m ($37.7m) operating loss for the first half of 2013, worse than the €23.5m loss during the same period last year.
Aleo’s revenues were decimated in the first six months of the year – falling to €68.3m from €166.4m last year – on “muted” demand in its core European markets. An upturn in US sales did little to offset the drop.
Aleo’s
