Brief: Carel Industries FY Net Profit Up At EUR 35.0 Mln

Carel Industries SpA

06/03/2020 07:07

March 6 (Reuters) - Carel Industries SpA  CRLI.MI :
    * REPORTED ON THURSDAY FY REVENUES OF EUR 327.4 MLN VS EUR
280.2
MLN YEAR AGO
    * FY NET PROFIT EUR 35.0 MLN VS EUR 30.7 MLN YEAR AGO 
    * FY OPERATING PROFIT EUR 46.4 MLN VS EUR 37.9 MLN YEAR AGO
    * PROPOSES DIVIDEND OF EUR 0.12 PER SHARE 
    * SEES SPREAD OF NEW CORONAVIRUS (COVID-19) OUTSIDE CHINA TO
LIKELY HAVE NEGATIVE IMPACTS ON WORLD ECONOMY, THE SCOPE OF
WHICH CURRENTLY CANNOT BE ESTIMATED
    * IS CLOSELY MANAGING COVID-19 SPREAD TO REDUCE IMPACTS ON
ENTIRE
VALUE CHAIN AND WILL CONTINUE TO IMPLEMENT MULTI-YEAR STRATEGIC
GUIDELINES DURING CURRENT YEAR 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA3B0xhy
    
 Further company coverage:  CRLI.MI  
   


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