Brief: LVenture Group Approves Industrial Plan 2019-2022, Reports FY Prelim. Net Profit

Zest SpA

05/03/2019 08:20

March 5 (Reuters) - LVenture Group  LVEN.MI :
    * SAID ON MONDAY BOARD OF DIRECTOR APPROVED INDUSTRIAL PLAN
2019-2022
    * SEES NET PROFIT INCREASE FROM EUR 0.8 MLN IN 2019 AND UP
TO EUR
2 MLN IN 2022
    * EXPECTS ORGANIC GROWTH OF REVENUE
    * PLANS INCREASE OF SHARE CAPITAL IN 2019 OF MAX EUR 8 MLN  
    * SEES DIVIDEND PAYOUT RATIO FROM 2020 EQUAL TO 15 PCT OF
ADJUSTED
NET PROFIT FOR PLAN PERIOD
    * REPORTED FY PRELIM NET PROFIT VERSUS LOSS EUR 0.7 MLN YEAR
AGO 
    * FY PRELIM REVENUE ABOUT EUR 3.4 MLN, UP 42 PCT YOY

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7GKPCv
    
 Further company coverage:  LVEN.MI  
   


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