April 19, 2018 / 7:21 AM / 7 months ago

BRIEF-OVS FY Adjusted Net Result Up 16.0% At EUR 106.5 Mln

April 19(Reuters) - OVS SpA:

* REPORTED ON WEDNESDAY FY NET SALES OF EUR 1,525.7 MILLION, UP 12% COMPARED WITH THE PREVIOUS YEAR

* FY ADJUSTED EBITDA WAS EUR 196.5 MILLION, UP 5.3% VS. 2016

* FY NET RESULT ADJUSTED WAS EUR 106.5 MILLION, UP EUR 14.7 MILLION (+16.0%)

* PROPOSED TO NOT DISTRIBUTE ANY DIVIDEND FOR THE FINANCIAL YEAR ENDING 31 JANUARY 2018

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Further company coverage: (Gdynia Newsroom)

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