Cimos reports EUR 3.5m loss for first nine months of 2016

Koper, 17 November - Car parts supplier Cimos, which is to get new owners in the spring, generated a net loss of EUR 3.5m in the first nine months of the year. This compares to EUR 2.8m in net profit last year, but the positive result was attributed to debt-to-equity swap within financial restructuring. Revenues were down 16% to EUR 248.4m.