Brief: Piovan FY Net Profit Down At EUR 18.7 Mln

Piovan SpA

20/03/2020 07:33

March 20 (Reuters) - Piovan SpA  PVNA.MI :
    * REPORTED ON THURSDAY FY TOTAL REVENUE EUR 234.4 MLN VS EUR
247.8
MLN YEAR AGO
    * FY NET PROFIT EUR 18.7 MLN VS EUR 23.9 MLN YEAR AGO
    * PROPOSES DIVIDEND OF EUR 0.15 PER SHARE 
    * ON COVID-19, AS OF TODAY, COMPANY HAS NOT SUFFERED ANY
INTERRUPTIONS IN SUPPLY CHAIN OR SIGNIFICANT SLOWDOWNS IN
MANUFACTURING PRODUCTION AT VARIOUS PRODUCTION SITES
    * ON COVID-19, TRAVEL RESTRICTIONS HAVE CAUSED DELAYS IN
INSTALLATIONS THAT WERE IN PROGRESS AND CREATED A GENERAL
UNCERTAINTY THAT COULD SLOW DOWN THE NEW ORDER INTAKE

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2TlSng
    
 Further company coverage: [ PVNA.MI  ] 
   


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