Nueva Pescanova reduces its capital to 69 million Euros due to the accumulated losses of 2019
The 'Clasic' Rodolfo Langostino has survived several storms in Pescanova
The ordinary shareholders' meeting of Nueva Pescanova has approved a reduction of the share capital from 147 million euros to 69 million to restore the balance between the nominal value of the shares and the entity's net worth, decreased by the accumulated losses of previous years
The Galician multinational closed the 2019 financial year with a negative net result of 41 million euros, despite the fact that its turnover amounted to 1,057 million.
The Group's management ebitda in 2019 decreased compared to the previous year, 50 million compared to 75 million euros, which the company attributes to "external factors", mainly the drop in prices of shrimp and van...
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