Brief: Sabaf Q4 net profit falls to EUR 1.3 mln; proposes dividend of EUR 0.48/shr
11/02/2016 11:55
Feb 11 (Reuters) - Sabaf SpA SABF.MI :
* Q4 revenue 33.4 million euros versus 34.4 million euros ($39.01 million) a year ago
* Q4 net profit 1.3 million euros versus 2.1 million euros a year ago
* Proposes dividend of 0.48 euro per share
* Says 2016 got off to a highly uncertain start, owing to political, economic and financial
tensions that affect the main markets on which Sabaf operates
* Sales in the first quarter are expected to fall compared with 2015
* If the macroeconomic environment stabilises, the group believes it will be able to improve
sales and profitability in the full year compared with 2015
Source text for Eikon: ID:nBIA111a7
Further company coverage: SABF.MI
($1 = 0.8818 euros)
(Gdynia Newsroom)
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