Brief: CIR FY Net Result Turns To Loss Of EUR 69.8 Mln

CIR - Compagnie Industriali Riunite

09/03/2020 13:22

March 9 (Reuters) - CIR SpA - Compagnie Industriali Riunite
 CIRI.MI :
    * PROPOSES DIVIDEND OF EUR 0.02 PER SHARE
    * FY NET LOSS EUR 69.8 MILLION VERSUS PROFIT EUR 4.5 MILLION
YEAR
AGO
    * FY REVENUE STABLE AT EUR 2.11 BILLION
    * UNDENIABLE RISK OF CORONAVIRUS HAVING GLOBAL IMPACT ON
ALREADY
WEAK MARKET, DESPITE GROUP'S LIMITED EXPOSURE TO CHINESE MARKET
    * EFFECTS OF CORONAVIRUS PHENOMENON ARE FOR THE MOMENT
UNPREDICTABLE

Source text for Eikon:  ID:nBIABD4L4 
Further company coverage:  CIRI.MI 

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