Brief: Airea Plc FY Operating Profit Before Valuation Gain Decreased To £2.2 Mln Versus £3.0 Mln in 2018

Airea

05/03/2020 08:19

March 5 (Reuters) - Airea PLC  AIEA.L :
    * REVENUE FOR YEAR WAS BROADLY IN LINE WITH PRIOR YEAR AT
£19.2M
(2018: £19.3M)
    * FY OPERATING PROFIT BEFORE VALUATION GAIN DECREASED TO
£2.2M
(2018: £3.0M)
    * UNDERLYING PROFIT WITHOUT ONE OFF COSTS FOR BREXIT
PREPARATION
STOCK BUILD, SUBSEQUENT INVENTORY REDUCTION PROGRAMME (£0.4M)
WAS £2.6M
    * IF APPROVED, FINAL DIVIDEND OF 1.3P PER SHARE WILL BE PAID
ON
20TH MAY 2020

Source text for Eikon:  ID:nRSE0570Fa 
Further company coverage:  AIEA.L 

 ((Reuters.Briefs@thomsonreuters.com;))