Brief: Saras FY Comparable EBITDA Down To EUR 669.7 Mln

Saras SpA

15/03/2024 13:06

March 15 (Reuters) - Saras SpA  SRS.MI :
    * PROPOSES DIVIDEND OF 0.15 EUR PER SHARE
    * FY COMPARABLE EBITDA EUR 669.7 MILLION VERSUS EUR 1.14
BILLION
YEAR AGO
    * FY COMPARABLE NET PROFIT EUR 325.4 MILLION VERSUS EUR
709.8
MILLION YEAR AGO
    * Q4 REVENUE EUR 2.98 BILLION VERSUS EUR 3.87 BILLION YEAR
AGO
    * EXPECTS IN 2024 TO ACHIEVE AVERAGE ANNUAL PREMIUM OVER EMC
REFERENCE MARGIN OF BETWEEN $3.5-$4.5/BL
    * FORECASTS RELATING TO FIXED COSTS OF INDUSTRIAL &
MARKETING
SEGMENT AROUND EUR 380-400 MILLION
    * SEES INVESTMENTS IN INDUSTRIAL & MARKETING SEGMENT AROUND
EUR
170-180 MILLION IN 2024
    * CONSTRUCTION OF 79 MW “HELIANTO” PHOTOVOLTAIC PARK
EXPECTED TO
BE COMPLETED BY H1

Further company coverage:  SRS.MI 

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