Brief: Campine FY EBIT Up At 9.6 Million Euros

Campine NV

20/03/2020 18:13

March 20 (Reuters) - CAMPINE NV  CAMB.BR :
    * FY EBIT REACHED 9,6 MIO EUR (INCLUDING 3,9 MIO EUR REFUND
OF EC
FINE), WHICH IS 19% HIGHER COMPARED TO 8,1 MIO EUR OF 2018
    * ON CORONAVIRUS: GIVING A PERSPECTIVE ON 2020 IS EXTREMELY
DIFFICULT UNDER CURRENT DRAMATICAL CIRCUMSTANCES
    * PROPOSES TO PAY A DIVIDEND AMOUNTING TO 2,625 MIO EUR
BASED ON
2019 RESULTS
    * DIVIDEND PAY OUT OF 1.75 EUR GROSS PER SHARE IS PLANNED
FOR JUNE
12TH 2020
    * FY NET RESULT FOR 2019 IS 8,0 MIO EUR (INCLUDING 3,9 MIO
EUR
REFUND OF EC FINE) COMPARED TO 5,8 MIO EUR IN 2018 (+37%)
    * FY REVENUE EUR 192.5 MILLION VERSUS EUR 212.4 MILLION YEAR
AGO
    * OUTLOOK : DEMAND FOR OUR SPECIALTY CHEMICALS REGAINED
GROUND SO
FAR IN 2020
    * OUTLOOK : PRICES WERE IN AN UPWARD TREND DUE TO SHORTAGES
OF
ANTIMONY METAL FROM CHINA. THIS PRICE UPTAKE SEEMS TO STABILIZE
NOW THAT CHINESE EXPORT IS GEARING UP AGAIN
    * OUTLOOK 2020: DEMAND FOR LEAD WILL DECREASE ON SHORT TERMS
    * SOME LARGE INVESTMENTS WILL BE CARRIED OUT DURING 2020 IN
METALS
RECYCLING DIVISION

Source text for Eikon:  ID:nGNEbbmqC7 
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