Brief: Technogym Net Profit Up To EUR 63.1 Mln

Technogym

23/03/2022 14:01

March 23 (Reuters) - Technogym SpA  TGYM.MI :
    * FY NET PROFIT EUR 63.1 MILLION VERSUS EUR 36.0 MILLION
YEAR AGO
    * FY TOTAL REVENUE EUR 611.4 MILLION VERSUS EUR 509.7
MILLION YEAR
AGO
    * PROPOSES DIVIDEND EUR 0.16 PER SHARE
    * WITH REFERENCE TO UKRAINE-RUSSIA CRISIS, GROUP STOPPED
EXPORTS
TO RUSSIA
    * IN RELATION TO RUSSIAN MARKET, GROUP OPERATES DIRECTLY
THROUGH
SUBSIDIARY TECHNOGYM ZAO, WHOSE REVENUES ARE QUANTIFIABLE IN
ORDER OF 2% OF GROUP TOTAL, WHICH HAS ALREADY CLOSED ITS RETAIL
OUTLETS
    * DOES NOT HAVE SIGNIFICANT FINANCIAL, CURRENCY  AND
COMMERCIAL
EXPOSURE ON RUSSIAN MARKET

Further company coverage:  TGYM.MI 

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