Brief: Saes Getters FY Net Profit Stable At EUR 13.9 Mln

Saes Getters SpA

14/03/2018 12:17

March 14 (Reuters) - SAES GETTERS SPA  SAEI.MI :
    * FY TURNOVER EUR 231.1 MILLION VERSUS EUR 189 MILLION YEAR AGO
    * PROPOSES DIVIDEND OF EUR 0.70 PER SHARE
    * IN FIRST TWO MONTHS OF 2018 NET SALES WERE EUR 39.7 MILLION, COMPARED TO 34.7 MILLION EURO
YEAR
AGO
    * FY NET PROFIT EUR 13.9 MILLION VERSUS EUR 14.0 MILLION YEAR AGO
    * CONSOLIDATED NET INCOME PENALIZED BY WRITE-OFF (€10.8 MILLION) OF DEFERRED TAX ASSETS OF
PARENT
    * SALES OF THE FIRST TWO MONTHS WERE "STRONGLY" PENALIZED BY DEPRECIATION OF US DOLLAR
    * NET OF THE EXCHANGE RATE EFFECT, ORGANIC GROWTH IN SALES OF THE FIRST TWO MONTHS WAS EQUAL
TO
28.1%
    * EXPECTS TO CONTINUE TO GROW IN 2018, DESPITE THE WEAKENING OF THE DOLLAR AGAINST THE EURO

Source text for Eikon:  ID:nBIAt0qf2 
Further company coverage:  SAEI.MI 

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