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Sabaf SpA (SABF.MI)

SABF.MI on Milan Stock Exchange

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22 May 2017
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Thu, May 11 2017

BRIEF-Sabaf Q1 net profit up at EUR 3.1 million

* Q1 REVENUE EUR 37.1 MILLION VERSUS EUR 30.9 MILLION YEAR AGO

BRIEF-Sabaf appoints CFO Gianluca Beschi CEO ad interim

* Shareholders approve the postponement of the appointment of a new director to replace the Chief Executive Officer Alberto Bartoli

BRIEF-Sabaf proposes dividend of EUR 0.48 per share

* Proposes dividend of 0.48 euros per share Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Sabaf is interested in M&As - conf call

* Wants to keeps on strengthening its core business, on a geographical and income level, and also in areas close to gas cooking

BRIEF-Sabaf Q4 revenues down 1.5 pct at EUR 32.9 mln, 2017 off to positive start

* FY revenue 131 million euros ($139.16 million), down 5.1 percent year on year

BRIEF-Sabaf CEO Alberto Bartoli resigns

* Alberto Bartoli resigns as CEO effective as of end of April for "strictly personal" reasons Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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