Brief: Aquafil FY Net Profit Up To EUR 10.7 Mln

Aquafil SpA

15/03/2022 16:39

March 15 (Reuters) - Aquafil SpA  ECNL.MI :
    * FY REVENUE EUR 569.7 MILLION, +30.5% VERSUS EUR 436.6
MILLION
YEAR AGO
    * FY NET PROFIT EUR 10.7 MILLION VERSUS NET PROFIT EUR 0.6
MILLION
YEAR AGO
    * DESPITE POSITIVE START IN 2022, UKRAINE CONFLICT CHANGED 
CURRENT SCENARIO, BRINGING  SIGNIFICANT INSTABILITY THAT WILL
CERTAINLY HAVE NEGATIVE CONSEQUENCES ON ECONOMIC GROWTH  ON
EUROPEAN MARKETS
    * PROPOSES DIVIDEND OF EUR 0.12/SHARE
    * DEVELOPMENT OF UKRAINE CONFLICT CANNOT BE PREDICTED, BUT
CONTINUING HOSTILITIES COULD BRING FURTHER INFLATIONARY
PRESSURES TO EUROPE, WITH ADDITIONAL  INCREASES IN COMMODITY AND
ENERGY PRICES, WHICH WILL HAVE AN IMPACT ON DEMAND AND MARGINS
OF GROUP

Further company coverage:  ECNL.MI 

 (Reporting by Gdansk Newsroom)
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