Brief: Esprinet Approves New Strategic Guidelines And Profitability Targets For 2019

Esprinet SpA

27/06/2019 20:07

June 27 (Reuters) - Esprinet SpA  PRT.MI :
    * ESPRINET APPROVE NEW STRATEGIC GUIDELINES AND
PROFITABILITY
TARGETS FOR 2019 AND BUY-BACK PROGRAM
    * 2019 EBIT EXPECTED IN THE RANGE 38-42 MILLION EURO,
GROWING
STRONGLY COMPARED TO 2018
    * FURTHER IMPROVEMENTS OF GROSS PROFIT AND EBIT EXPECTED FOR
2020-2021
    * START SINCE FIRST WEEK OF JULY OF A BUY-BACK PROGRAM OF UP
TO
1,470,217 SHARES
    * SINCE 2020 ROCE-RETURN ON CAPITAL EMPLOYED EXPECTED TO BE
SIGNIFICANTLY HIGHER THAN THE COST OF CAPITAL

Source text for Eikon:  ID:nBIA4Cw6zk 
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 ((Reuters.Briefs@thomsonreuters.com;))