Brief: Spadel FY net profit rises to 21.0 mln euros

Societe de Services de Participations, de Direction et dElaboration SA

25/03/2016 15:30

March 25 (Reuters) - Societe de Services de Participations 
de Direction et d'Elaborations SA  SPAB.BR : 
    * Reports FY net revenue 242.0 million euros ($270.1 
million)vs 231.1 million euros a year ago 
    * FY EBIT is 30.6 million euros vs 23.5 million euros a 
year ago 
    * FY net profit is 21.0 million euros vs 16.6 million 
euros a year ago 
    * Proposes gross dividend of 1.60 euros per share (net: 
1.168 euros per share), up 29.0 pct yoy 
    * Save for exceptional circumstances, 2016 sales should be 
below 2015 sales 
    * Plans a significant drop in operational profit for 2016 
    * Launch of new products (part of strategic plan 2016-2020) 
will weigh heavily on 2016 results 
 
     
Further company coverage:  SPAB.BR   
 
($1 = 0.8959 euros) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))