March 9, 2020 / 1:27 PM / 22 days ago

BRIEF-CIR FY Net Result Turns To Loss Of EUR 69.8 Mln

March 9 (Reuters) - CIR SpA - Compagnie Industriali Riunite :

* PROPOSES DIVIDEND OF EUR 0.02 PER SHARE

* FY NET LOSS EUR 69.8 MILLION VERSUS PROFIT EUR 4.5 MILLION YEAR AGO

* FY REVENUE STABLE AT EUR 2.11 BILLION

* UNDENIABLE RISK OF CORONAVIRUS HAVING GLOBAL IMPACT ON ALREADY WEAK MARKET, DESPITE GROUP’S LIMITED EXPOSURE TO CHINESE MARKET

* EFFECTS OF CORONAVIRUS PHENOMENON ARE FOR THE MOMENT UNPREDICTABLE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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