Brief: ABC Arbitrage Posts FY Net Result Of EUR 28 Million
22/03/2022 06:16
March 22 (Reuters) - ABC Arbitrage SA BITI.PA :
* RESULTS 2021: €28 M
* FY NET REVENUE EUR 64.1 MILLION VERSUS EUR 68.8 MILLION
YEAR AGO
* IT IS IMPORTANT TO CONTEXTUALIZE THIS OUTLOOK WITH RESPECT
TO
EVENTS IN UKRAINE
* THIS WAR COULD PREVENT A RETURN TO NORMALIZED FINANCIAL
MARKETS
* PROPOSITION AT GENERAL MEETING OF JUNE 10, 2022 OF A FINAL
DIVIDEND OF EUR 0.10 PER SHARE
* INTERIM DIVIDEND OF EUR 0.10 PER SHARE ON APRIL 20, 2022
FOR
PAYMENT ON APRIL 22
* MAJOR DIFFERENCE WITH 2020 IS, FOR TIME BEING, STRONG
DECORRELATION OF MARKETS BETWEEN GEOGRAPHICAL AREAS, WITH US
ECONOMY SEEMINGLY LESS AFFECTED THAN EUROPE
* START OF CAPITAL FLIGHT FROM EUROPE TO SEEMINGLY SAFER
AREAS MAY
MAKE IT MORE DIFFICULT TO ACHIEVE GROUP'S OBJECTIVES FOR
DEVELOPMENT OF ITS ASSETS UNDER MANAGEMENT IN 2022
* CONFIRMS THAT IT HAS ALL ASSETS TO PRODUCE PERFORMANCE
CONSISTENT WITH CURRENT VOLATILITY AND IS THEREFORE PURSUING ITS
RECRUITMENT AND INVESTMENT OBJECTIVES TO ACHIEVE AMBITIONS OF
ITS ABC 2022 STRATEGIC PLAN
Source text for Eikon: urn:newsml:reuters.com:*:nGNE6ywVMt
Further company coverage: BITI.PA
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 772 09 20;))