Picture of Equita SpA logo

EQUI — Equita SpA News Story

0.000.00%
it flag iconLast trade - 00:00
FinancialsConservativeSmall CapNeutral

Brief: Equita FY Net Profit EUR 24.3 Mln, Iccrea Banca To Own 15% Stake In Group

March 13 (Reuters) - Equita Group SpA EQUI.MI:

REPORTED ON THURSDAY FY NET REVENUE EUR 111.7 MLN

FY NET PROFIT EUR 24.3 MLN

PROPOSES DIVIDEND OF EUR 0.40/SHR

SIGNS STTATEGIC COMMERCIAL PARTNERSHIP WITH BCC ICRREA

BANCA ICCREA TO SUBSCRIBE EUR 20 MLN RESERVED SHARE CAPITAL INCREASE AT EUR 5.8253/SHR

BANCA ICCREA TO OWN STAKE OF AROUND 15% IN GROUP

FINANCIAL RESOURCES TO BE INVESTED IN ACCRETIVE INITIATIVES, INCLUDING M&A TRANSACTIONS

CLOSING EXPECTED IN H2, SUBJECT TO BANK OF ITALY AUTHORISATION

 Further company coverage: EQUI.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Equita SpA

See all news