Brief: Stern Groep End-Sept NAV Per Share Up To 28.72 Euros

PB Holding NV

13/11/2019 17:57

Nov 13 (Reuters) - Stern Groep NV  ARTN.AS :
    * TRADING UPDATE Q3-2019
    * RESULT AFTER TAX CUMULATIVE UP TO Q3-2019: € 26.2 MILLION
(2018:
€ 4.9 MILLION)
    * Q3 NET TURNOVER DECREASES BY 5.2% TO € 727.9 MILLION
(Q3-2018: €
768.2 MILLION)
    * AN ADDITIONAL INTERIM DIVIDEND OF € 1.00 WAS PAID IN
MID-OCTOBER
2019, BRINGING THE TOTAL INTERIM DIVIDEND PAID IN 2019 TO € 3.50
PER SHARE
    * NET ASSET VALUE PER SHARE, AFTER PAYMENT OF € 2.50 INTERIM
DIVIDEND IN JUNE 2019, INCREASED TO € 28.72 AT THE END OF
SEPTEMBER 2019 (YEAR-END 2018: € 27.34)
    * FURTHER IMPROVEMENT OF THE OPERATIONAL RESULTS IS EXPECTED
BY
2020
    * IS CONFIDENT THAT THE OPERATIONAL RESULTS OF THE ONGOING
ACTIVITIES WILL BE SIGNIFICANTLY BETTER IN 2019 THAN IN 2018

Source text for Eikon:  ID:nNDL7c0Cvj 
Further company coverage:  ARTN.AS 

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