Brief: Nabaltec Proposes Dividend Cut To EUR 0.15 Per Share

Nabaltec AG

30/04/2020 09:08

April 30 (Reuters) - NABALTEC AG  NTGG.DE :
    * CONFIRMS PRELIMINARY 2019 DATA SHOWING GROWTH IN REVENUES
AND
EARNINGS; 2020 OFF TO A MODEST START
    * PROPOSED DIVIDEND CUT FROM EUR 0.20 PER SHARE TO EUR 0.15
PER
SHARE
    * EBIT OF EUR 18.6 MILLION IN 2019 (2018: EUR 18.5 MILLION)
FOR AN
EBIT MARGIN OF 10.2%
    * REVENUES UP 1.3% IN 2019, TO EUR 179.0 MILLION
    * 2020 FORECAST SUSPENDED DUE TO UNFORESEEABLE IMPACT OF
CORONAVIRUS

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Further company coverage:  NTGG.DE 

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