Brief: Ferratum FY EBIT Up At EUR 45.5 Mln

Multitude AG

26/03/2020 06:40

March 26 (Reuters) - FERRATUM OYJ  FRU.DE :
    * FY REVENUE AT EUR 293,1 MILLION, AN INCREASE OF 11.8%
COMPARED
TO RESPECTIVE PERIOD OF PREVIOUS YEAR (2018: EUR 262,1 MILLION)
    * FY OPERATING PROFIT (EBIT) INCREASED YEAR-ON-YEAR BY 20.5%
TO
EUR 45,5 MILLION COMPARED TO EUR 37,8 MILLION IN 2018
    * IN 2020, EXPECTS COVID-19 PANDEMIC TO HAVEMATERIAL IMPACT
ON
GROUPS PERFORMANCE
    * IN 2020, EXPECTS REVENUE AND EBIT TO MATERIALLY DECREASE
COMPARED TO 2019
    * PROPOSES NOT TO DISTRIBUTE DIVIDEND FOR FY 2019

Source text for Eikon:  ID:nEQk7q0a 
Further company coverage:  FRU.DE 

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