Brief: Apetit Q4 Operational EBITDA Down At EUR 2.0 Million

Apetit Oyj

20/02/2019 06:34

Feb 20 (Reuters) - Apetit Oyj  APETIT.HE :
    * APETIT PLC'S FINANCIAL STATEMENTS RELEASE 1 JANUARY TO 31 DECEMBER 2018: THE GROUP'S NET
SALES
AND RESULT DECREASED DUE TO THE WEAK GRAIN CROP - POSITIVE DEVELOPMENT CONTINUED IN FOOD
SOLUTIONS
    * Q4 NET SALES EUR 74.0 MILLION VERSUS EUR 86.6 MILLION YEAR AGO
    * Q4 OPERATIONAL EBITDA EUR 2.0 MILLION VERSUS EUR 2.7 MILLION YEAR AGO
    * WILL PROPOSE TO ANNUAL GENERAL MEETING THAT A DIVIDEND OF EUR 0.40 PER SHARE BE PAID
    * FULL-YEAR OPERATIONAL EBIT IS EXPECTED TO IMPROVE YEAR-ON-YEAR (EUR -0.5 MILLION IN 2018)
    * MOST OF ANNUAL PROFIT IS ACCRUED IN SECOND HALF OF YEAR
    * PROFIT OUTLOOK FOR EARLY 2019 IS BURDENED BY WEAK GRAIN CROP OF 2018

Source text for Eikon:  ID:nWkr11nsjT 
Further company coverage:  APETIT.HE 

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