March 16, 2020 / 5:01 PM / 13 days ago

BRIEF-Reno De Medici To Propose Dividend Of EUR 0.008 Per Share

March 16 (Reuters) - Reno De Medici SpA:

* TO PROPOSE DIVIDEND OF EURCENTS 0.8 PER SHARE

* RENO DE MEDICI CEO SAYS IN HIGHLY CHALLENGING MARKET ENVIRONMENT DUE IN PART TO UNCERTAIN DEVELOPMENT OF COVID-19 CRISIS, PRODUCTION CAPACITY UTILIZATION RATE OF ALL GROUP’S PLANTS REMAINS AT MAXIMUM LEVELS

* REGARDING CODIV-19, GROUP IS TAKING ALL NECESSARY PRECAUTIONS TO MITIGATE IMPACT ON EMPLOYEES, PRODUCTION FACILITIES AND CUSTOMERS, ADOPTING FURTHER AND MORE SPECIFIC HYGIENE AND HEALTH-RELATED DISPOSITIONS

* GROUP’S SHORT-TERM OUTLOOK REMAINS POSITIVE IN CORE BUSINESS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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