March 26, 2020 / 6:44 AM / 6 days ago

BRIEF-Ferratum FY EBIT Up At EUR 45.5 Mln

March 26 (Reuters) - FERRATUM OYJ:

* FY REVENUE AT EUR 293,1 MILLION, AN INCREASE OF 11.8% COMPARED TO RESPECTIVE PERIOD OF PREVIOUS YEAR (2018: EUR 262,1 MILLION)

* FY OPERATING PROFIT (EBIT) INCREASED YEAR-ON-YEAR BY 20.5% TO EUR 45,5 MILLION COMPARED TO EUR 37,8 MILLION IN 2018

* IN 2020, EXPECTS COVID-19 PANDEMIC TO HAVEMATERIAL IMPACT ON GROUPS PERFORMANCE

* IN 2020, EXPECTS REVENUE AND EBIT TO MATERIALLY DECREASE COMPARED TO 2019

* PROPOSES NOT TO DISTRIBUTE DIVIDEND FOR FY 2019 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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