Brief: Novabase Says Q1 Turnover Up 13% At 31.6 Mln Euros YoY

Novabase SGPS SA

14/05/2020 16:52

May 14 (Reuters) - NOVABASE  NBA.LS 
    * SAYS Q1 TURNOVER UP 13% AT 31.6 MILLION EUROS YOY
    * Q1 NET CASH POSITION AT 67.3 MILLION EUROS
    * SAYS CURRENT CONTEXT REMAINS OF GREAT UNCERTAINTY AND
ASSUMES
THAT SOME SORT OF FUTURE IMPACT IS PROBABLE
    * SAYS BOARD DECIDED TO REVERT ITS INITIAL INTENTION OF
PROPOSING
A 0.85 EURO PER SHARE REMUNERATION TO 2020 GMS
    * MAINTAINS COMMITMENT ASSUMED TOWARDS SHAREHOLDERS OF
DISTRIBUTING 1.5 EUROS PER SHARE IN 2019-2023

Source text: https://bit.ly/2Z1W3kt
Further company coverage:  NBA.LS 

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