March 18, 2020 / 5:46 PM / 13 days ago

BRIEF-Equita Group FY Net Profit Down At EUR 9.5 Mln

March 18 (Reuters) - Equita Group SpA:

* FY NET REVENUE EUR 58.3 MILLION VERSUS EUR 59.8 MILLION YEAR AGO

* FY NET PROFIT EUR 9.5 MILLION VERSUS EUR 11.0 MILLION YEAR AGO

* PROPOSES DIVIDEND OF EUR 0.19 PER SHARE

* EQUITA GROUP CEO SAYS OUTBREAK OF COVID-19 HAS CREATED MARKET AND ECONOMIC UNCERTAINTY IN ITALY AND ABROAD

* ON COVID-19 CRISIS: FINANCIAL RESULTS OF GROUP FOR FISCAL YEAR 2020 LIKELY TO BE IMPACTED BY DYNAMICS OF FINANCIAL MARKETS AND EVOLUTION OF THE ITALIAN SITUATION

* IT IS TOO EARLY TO MAKE A PRECISE ASSESSMENT OF IMPACTS THAT COVID-19 WILL HAVE ON GLOBAL ECONOMIES AND ON GROUP’S RESULTS FOR 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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