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SIP - Sipef NV News Story

€45.3 -0.1  -0.1%

Last Trade - 09/04/21

Sector
Consumer Defensives
Size
Mid Cap
Market Cap £409.6m
Enterprise Value £483.2m
Revenue £199.9m
Position in Universe 339th / 848

BRIEF-Sipef Nv H1 Profit After Tax USD 19.1 Million

Thu 16th August, 2018 6:51am
Aug 16 (Reuters) - Sipef NV  SIFB.BR :
    * H1 PALM OIL PRODUCTION AT OUR OWN PLANTATIONS ROSE BY 6.7%
COMPARED WITH THE FIRST HALF OF LAST YEAR
    * RECURRING PROFIT FOR THE SECOND SEMESTER SHOULD EXCEED THE
RECURRING PROFIT FOR THE FIRST SEMESTER
    * RECURRING PROFIT FOR THE SECOND SEMESTER SHOULD EXCEED THE
RECURRING PROFIT FOR THE FIRST SEMESTER.
    * H1 REVENUE $ 139.9 MILLION VERSUS $ 157.0 MILLION YEAR AGO
    * H1 OPERATING RESULT $  29.9 MILLION VERSUS $ 43.5 MILLION
YEAR
AGO
    * H1 PROFIT AFTER TAX $ 19.1  MILLION VERSUS $ 31.2 MILLION
YEAR
AGO
    * SAYS H1 PROFIT FOR THE PERIOD, EXCLUDING ONE-OFF GAINS,
WAS KUSD
18,623, COMPARED WITH KUSD 34,296 THE YEAR BEFORE, A FALL OF
45.7%
    * SAYS THE ANNOUNCED SALE OF THE INSURANCE ACTIVITIES
(BDM-ASCO)
WAS FINALISED IN THE FIRST HALF OF 2018. THIS SALE GENERATED A
GAIN OF KUSD 7,380

Source text : https://bit.ly/2MiLOTN
Further company coverage:  SIFB.BR 

 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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