Brief: Equita Group FY Net Profit Down At EUR 9.5 Mln

Equita SpA

18/03/2020 17:43

March 18 (Reuters) - Equita Group SpA  EQUI.MI :
    * FY NET REVENUE EUR 58.3 MILLION VERSUS EUR 59.8 MILLION
YEAR AGO
    * FY NET PROFIT EUR 9.5 MILLION VERSUS EUR 11.0 MILLION YEAR
AGO
    * PROPOSES DIVIDEND OF EUR 0.19 PER SHARE
    * EQUITA GROUP CEO SAYS OUTBREAK OF COVID-19 HAS CREATED
MARKET
AND ECONOMIC UNCERTAINTY IN ITALY AND ABROAD
    * ON COVID-19 CRISIS: FINANCIAL RESULTS OF GROUP FOR FISCAL
YEAR
2020 LIKELY TO BE IMPACTED BY DYNAMICS OF FINANCIAL MARKETS AND
EVOLUTION OF THE ITALIAN SITUATION
    * IT IS TOO EARLY TO MAKE A PRECISE ASSESSMENT OF IMPACTS
THAT
COVID-19 WILL HAVE ON GLOBAL ECONOMIES AND ON GROUP'S RESULTS
FOR 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA8HGF0X
Further company coverage:  EQUI.MI 

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