Brief: Gruppo Mutuionline FY Net Profit Up At EUR 40.9 Mln

Moltiply

16/03/2020 08:43

March 16 (Reuters) - Gruppo MutuiOnline SpA  MOL.MI :
    * REPORTED ON FRIDAY FY REVENUE EUR 219.9 MLN VS EUR 185.1
MLN
YEAR AGO
    * FY NET PROFIT EUR 40.9 MLN VS EUR 33.7 MLN YEAR AGO
    * PROPOSES DIVIDEND OF EUR 0.12 PER SHARE
    * COVID-19 IN ITALY HAS POTENTIAL TO PROVOKE SIGNIFICANT
ADVERSE
SHOCKS TO RESIDENTIAL MORTGAGE MARKET
    * RAPID SPREAD OF COVID-19 EPIDEMIC IN ITALY AND REST OF
WORLD
MAKES IT VERY DIFFICULT TO PROVIDE A RELIABLE OUTLOOK FOR REST
OF FINANCIAL YEAR
    * COVID-19 COULD CAUSE IN 2020 SIGNIFICANT DECLINE IN DEMAND
IN
SOME AREAS OF ACTIVITY OF BPO DIVISION 

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA28kF2W
    
 Further company coverage:  MOL.MI  
   


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