Brief: Banca Sistema Q1 Net Profit Up At EUR 4.6 Mln
08/05/2020 12:49
May 8 (Reuters) - Banca Sistema SpA BSTA.MI :
* Q1 NET PROFIT EUR 4.6 MILLION VERSUS EUR 4.5 MILLION YEAR
AGO
* PRO-FORMA CET1 RATIO AT END MARCH AT 13.4%
* Q1 OPERATING INCOME EUR 22.0 MILLION VERSUS EUR 19.3
MILLION
YEAR AGO
* ON COVID-19, IN LIGHT OF CURRENT UNCERTAINTIES AND
DIFFICULT
FORECASTS ON REAL FUTURE IMPACTS, IT HAS BEEN DECIDED TO
POSTPONE DRAFTING OF NEW BUSINESS PLAN
* NOT YET POSSIBLE TO ESTIMATE WITH SUFFICIENT RELIABILITY
FUTURE
EFFECTS OF COVID-19 AS OF TODAY
Source text for Eikon: urn:newsml:reuters.com:*:nBIA19wMkS
Further company coverage: BSTA.MI
(Gdansk Newsroom)
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