Banca Farmafactoring SpA logo

BFF - Banca Farmafactoring SpA News Story

€4.79 -0.0  -0.3%

Last Trade - 2:35pm

Sector
Financials
Size
Mid Cap
Market Cap £734.1m
Enterprise Value £1.36bn
Revenue £186.0m
Position in Universe 165th / 719

CORRECTED-BRIEF-BFF Banking Group Q1 Net Profit Up At EUR 23.1 Mln

Fri 8th May, 2020 10:39am
(Corrects headline to show net profit was up not down)
    May 8 (Reuters) - Banca Farmafactoring SpA  BFF.MI :
    * Q1 NET PROFIT EUR 23.1 MILLION VERSUS EUR 21.4 MILLION
YEAR AGO
    * Q1 OPERATING INCOME EUR 50.4 MLN VS EUR 45.7 MLN YEAR AGO
    * CONFIRMS INTENTION TO DISTRIBUTE THE EUR 70.9 MLN OF 2019
EXPECTED CASH DIVIDEND AS SOON AS REGULATORS ALLOW
    * FULLY OPERATIONAL SINCE THE BEGINNING OF THE LOCKDOWN,
GOOD
CLIENT PIPELINE AND COLLECTIONS VOLUME
    * STRONG REDUCTION IN NET NPLS, WITH NET NPLS/LOANS RATIO
DOWN TO
0.1%

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA82n5lR
Further company coverage:  BFF.MI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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