Brief: GPI FY Net Profit Up At EUR 11.9 Mln

Gpi

30/03/2021 14:09

March 30 (Reuters) - GPI SpA  GPI.MI :
    * FY NET PROFIT EUR 11.9 MILLION VERSUS EUR 9.5 MILLION YEAR
AGO
    * FY TOTAL REVENUE EUR 271.0 MILLION VERSUS EUR 240.9
MILLION YEAR
AGO
    * PROPOSES GROSS DIVIDEND OF EUR 0.50 PER SHARE
    * UPDATES MAIN 2024 ECONOMIC-FINANCIAL TARGETS
    * TARGETS 2024 REVENUE OVER EUR 330 MILLION, EBITDA MARGIN
OVER
16.5%, NFP ≤ 1 X EBITDA
    * SEES SIGNIFICANT POTENTIAL FOR GROWTH STARTING THIS YEAR
    * BOARD TO RESUBMIT FOR SHAREHOLDER APPROVAL PROPOSAL TO
AUTHORISE
PURCHASE AND SALE OF TREASURY SHARES

Source text for Eikon:  ID:nBIA7RTRzW 
Further company coverage:  GPI.MI 

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