Brief: SIT FY Net Profit Down At EUR 19.9 Mln

SIT SpA

26/03/2020 14:22

March 26 (Reuters) - SIT SpA  SITT.MI :
    * Q4 REVENUE EUR 89.4 MILLION
    * FY NET PROFIT EUR 19.9 MILLION VERSUS 24.3 MILLION YEAR
AGO
    * FY REVENUE EUR 352.2 MILLION VERSUS EUR 359.7 MILLION YEAR
AGO
    * PROPOSES DIVIDEND OF EUR 0.14 PER SHARE
    * CESSATION OF ALL NON-ESSENTIAL PRODUCTION IN ITALY FROM
MARCH
23/25 AFTER DECREE ON COVID-19 CONTAINMENT
    * CONTINUING RESTRICTIONS MAY ALSO HAVE AN IMPACT ON
OPERATIONAL
CONTINUITY OF FACILITIES OUTSIDE ITALY
    * CANNOT PREDICT POSSIBLE IMPACTS OF SITUATION THAT COULD
GIVE
RISE TO ADJUSTMENTS TO CARRYING AMOUNTS OF GROUP'S ASSETS AND
LIABILITIES

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA43vZrQ
Further company coverage:  SITT.MI 

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