Brief: Salcef Group FY Net Profit Up At EUR 38.4 Mln

Salcef SpA

17/03/2020 15:56

March 17 (Reuters) - Salcef Group SpA  SCFG.MI :
    * PROPOSES ORDINARY DIVIDEND OF EUR 0.40 PER SHARE
    * FY TOTAL PRODUCTION VALUE EUR 311.2 MILLION VERSUS EUR
319.0
MILLION YEAR AGO
    * FY NET PROFIT EUR 38.4 MILLION VERSUS EUR 29.4 MILLION
YEAR AGO
    * ON COVID-19, GROUP CONTINUES TO MEET ALL CONTRACTUAL
COMMITMENTS
    * ON COVID-19, AT THE MOMENT THERE HAVE BEEN NO EPISODES OF
CONTAGION FROM COVID-19 AMONG GROUP EMPLOYEES
    * ON COVID-19 CRISIS, CO CONFIRMS BUSINESS CONTINUITY
    * ON COVID-19,  UNCERTAINTY ABOUT EVOLUTION OF INFECTION
DOES NOT
ALLOW TODAY TO EXPRESS FORECAST ASSESSMENTS IN TERMS OF IMPACT
ON COMPANY ACTIVITIES
    * ON COVID-19 CRISIS,  CO IMPLEMENTED NECESSARY
ORGANIZATIONAL
MEASURES AND HEALTH PRECAUTIONS TO GUARANTEE BEST WORKING AND
SAFETY CONDITIONS FOR EMPLOYEES AND FOR ENTIRE SUPPLY CHAIN
    * COMPANIES OF SALCEF GROUP ARE RESPECTING ALL REQUESTS FOR
OPERATIONAL INTERVENTIONS, IN ORDER TO GUARANTEE MAINTENANCE
NEEDS DEEMED STRATEGIC, ALBEIT WITH SLOWDOWNS IN ACTIVITIES BOTH
IN ITALY AND ABROAD

Source text for Eikon:  ID:nBIA6QhQJq 
Further company coverage:  SCFG.MI 

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