Brief: Emak FY Net Profit Shrinks To EUR 12.9 Mln

Emak SpA

13/03/2020 15:08

March 13 (Reuters) - Emak SpA  EM.MI :
    * FY NET PROFIT EUR 12.9 MILLION VERSUS EUR 25.3 MILLION
YEAR AGO
    * FY REVENUE EUR 434 MILLION VERSUS EUR 452.8 MILLION YEAR
AGO
    * OPERATIONS OF GROUP CHINESE PRODUCTION FACILITIES ARE
CURRENTLY
OVERALL REGULAR
    * ON CORONAVIRUS, CURRENT UNCERTAINTY DOES NOT ALLOW
ESTIMATING
POSSIBLE IMPACT ON GLOBAL ECONOMY AND ON  EVOLUTION OF GROUP'S
REFERENCE SECTOR
    * ON COVID-19 CRISIS, TO DATE, GROUP COMPANIES ARE OPERATING
REGULARLY IN ITALY AND IN REST OF WORLD
    * RESERVES THE RIGHT, IN A SUBSEQUENT MEETING TO BE HELD
BEFORE
THE SHAREHOLDERS' MEETING, TO FORMULATE A PROPOSAL FOR
DISTRIBUTION OF DIVIDENDS

Source text for Eikon:  ID:nBIA2Q5xzG 
Further company coverage:  EM.MI 

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