Brief: Gefran FY Net Profit Up At EUR 8.2 Mln

Gefran Spa

14/03/2019 12:35

March 14 (Reuters) - Gefran SpA  GFRN.MI :
    * TO PROPOSE DIVIDEND OF EUR 0.32 PER SHARE
    * FY NET PROFIT OF EUR 8.2 MILLION (+18.8% OVER 2017)
    * FY REVENUES OF EUR 135.6 MILLION (+5.4% OVER 2017)
    * SALES REMAINED SUBSTANTIALLY STABLE IN THE FIRST TWO
MONTHS OF
2019
    * YEAR 2019 APPEARS TO BE CHARACTERISED BY AN OVERALL
CLIMATE OF
UNCERTAINTY
    * SEES NON-SIGNIFICANT DROP IN THE ORDER PORTFOLIO FOR THE
NEXT
FEW MONTHS OF 2019
    * EXPECT IN 2019 TO EXCEED RESULTS OF 2018 IN TERMS OF
REVENUES
    * EXPECTS IN 2019 PROFIT MARGINS IN LINE WITH OR SLIGHTLY
LOWER
THAN THOSE OF THE PREVIOUS YEAR

Source text for Eikon:  ID:nBIA7hnY1y 
Further company coverage:  GFRN.MI 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))