Brief: Fagron To Propose 2019 Dividend Of 0.08 Euro Per Share

Fagron NV

14/04/2020 06:21

April 14 (Reuters) - FAGRON NV  FAGRO.BR :
    * 2019 DIVIDEND PROPOSAL LOWERED TO € 0.08 PER SHARE
    * IMPACT OF COVID-19 AS YET LIMITED AND NON-MATERIAL
    * GLOBAL UNCERTAINTY REGARDING IMPACT OF COVID-19 IN 2020
REQUIRES
COST CONTROL AND DISCIPLINED CAPITAL ALLOCATION
    * TURNOVER INCREASED BY 16.4%1 (+19.2% AT CONSTANT EXCHANGE
RATES)
TO € 141.6 MILLION
    * STRONG PERFORMANCE IN ALL REGIONS, IN PARTICULAR NORTH AND
LATIN
AMERICA
    * COMPOUNDING SERVICES IS IMPACTED BY ELECTIVE CARE BEING
DELAYED
OR SCALED BACK
    * ON NEW CORONAVIRUS: FAGRON IS FULLY OPERATIONAL IN ALL
MARKETS
WHERE IT IS ACTIVE
    * IMPACT OF COVID-19 ON OUR RESULTS IS LIMITED ON BALANCE
    * AT PRESENT IT IS DIFFICULT TO PREDICT FINAL IMPACT OF
COVID-19
ON FAGRON'S PERFORMANCE, GIVEN THAT MANY OF MARKETS IN WHICH WE
ARE ACTIVE ARE STILL IN MIDST OF OUTBREAK
    * VIRTUALLY NO DISRUPTION TO SUPPLY CHAIN

Source text for Eikon:  ID:nGNE6jkrkY 
Further company coverage:  FAGRO.BR 

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