Brief: Equita H1 Net Profit Down To EUR 10.3 Mln

Equita SpA

08/09/2022 12:01

Sept 8 (Reuters) - Equita Group SpA  EQUI.MI :
    * H1 REVENUE EUR 48.4 MILLION VERSUS EUR 46.1 MILLION YEAR
AGO
    * H1 NET PROFIT EUR 10.3 MILLION VERSUS EUR 11.4 MILLION
YEAR AGO
    * 2022 FY RESULTS ARE EXPECTED TO BE IN LINE WITH TARGETS OF
THREE-YEAR BUSINESS PLAN
    * BOD PROPOSES DIVIDEND FOR NOT LESS EUR 0.30 PER SHARE TO
BE PAID
OUT IN TWO TRANCHES
    * PROPOSAL SHOULD BE ACHIEVABLE WITHOUT DISTRIBUTING
EARNINGS THAT
HAVE BEEN RETAINED SINCE IPO
    * PERFORMANCE FEES IN Q4 WILL BE UNLIKELY DUE TO NEGATIVE
PERFORMANCE OF FINANCIAL MARKETS TO DATE

Further company coverage:  EQUI.MI 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587720920;))