March 16, 2020 / 8:01 AM / 16 days ago

BRIEF-Ascopiave FY Net Profit Down At EUR 14.5 Mln

March 16 (Reuters) - Ascopiave SpA:

* REPORTED ON FRIDAY FY REVENUE EUR 124.9 MLN VS EUR 115.3 MLN YEAR AGO

* FY NET PROFIT BEFORE TRANSFER/DISPOSAL OF ASSETS EUR 14.5 MLN VS EUR 14.7 MLN YEAR AGO

* PROPOSES DIVIDEND OF EUR 0.21 PER SHARE

* RESULTS OF DISTRIBUTION COMPANY ARE EXPECTED TO SHOW DOWNWARD TREND IN 2020 DUE TO 2020-2025 TARIFF REGULATION

* MANAGEMENT IS CURRENTLY EVALUATING POTENTIAL IMPACTS IN TERMS OF PERFORMANCE FROM CORONAVIRUS

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Further company coverage: (Gdansk Newsroom)

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