March 8, 2018 / 7:07 AM / 7 months ago

BRIEF-Griffin Premium FY Net Profit Up At 31.3 MLN Euros

March 8 (Reuters) - GRIFFIN PREMIUM RE NV:

* REPORTED ON WEDNESDAY FY NET PROFIT AT 31.3 MILLION EUROS VERSUS 12.2 MILLION EUROS YEAR AGO

* FY REVENUE 45.8 MILLION EUROS VERSUS 33.9 MILLION EUROS YEAR AGO

* TO PROPOSE A DIVIDEND OF 11.3 MILLION EURO FOR FY 2017

* PROPOSES A “REFINED” DIVIDEND POLICY, WITH THE INTENTION TO PAY FUTURE DIVIDENDS AT AN AMOUNT EQUAL TO NOT LESS THAN 90 PCT OF THE CO’S FFO

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Further company coverage: (Gdynia Newsroom)

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