Brief: Koninklijke Brill FY Net Profit EUR 1.6 Million

Koninklijke Brill NV

28/03/2019 17:06

March 28 (Reuters) - Koninklijke Brill NV  BRIL.AS :
    * FY NET PROFIT EUR 1.6 MILLION VERSUS EUR 2.3 MILLION YEAR AGO
    * FY EBITDA EUR  3.6 MILLION VERSUS EUR 4.2 MILLION YEAR AGO
    * FY REVENUE EUR 36.0 MILLION VERSUS EUR 36.4 MILLION YEAR AGO
    * PROPOSED ORDINARY DIVIDEND PER SHARE OF € 0.85 , WHICH IS A 100% PAYOUT
RATIO
    * WE ARE CAUTIOUSLY OPTIMISTIC ABOUT 2019
    * DEPENDING ON THE OUTCOME OF THE BREXIT NEGOTIATIONS BETWEEN THE EU AND THE
UK,
OUR BUSINESS MAY SUFFER IN 2019 FROM DISTRIBUTION DELAYS OF OUR BACKLIST BOOK
TITLES
    * VARIOUS PLANS TO REDUCE THE RISKS OF LOSS OF BUSINESS HAVE BEEN DEVELOPED
TOGETHER WITH OUR DISTRIBUTION PARTNER
    * LIQUIDITY AT YEAR END DECLINED FROM 3.8 MILLION IN 2017 TO 2.4 MILLION IN
2018
    * PLANS WILL BE IMPLEMENTED ACCORDING TO THE ACTUAL BREXIT SITUATION


Further company coverage:  BRIL.AS 

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