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Crespi Says Auditor Unable to Give View on 2009 Results

June 15 (Bloomberg) -- Giovanni Crespi SpA, an Italian maker of synthetic textiles, said auditor Mazars SpA was unable to express an opinion on its 2009 results. Mazars wrote in a report that Crespi’s ability to realize its business plan depends on banks’ willingness to renegotiate their positions, the Legnano-based company said late yesterday in a statement.

Link to Statement:{NSN L40NFO3PWT1F <GO>}

Link to Company News:{CRE IM <Equity> CN <GO>}

To contact the editor responsible for this story: Tommaso Ebhardt at tebhardt@bloomberg.net

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