Brief: Deceuninck FY Adjusted EBITDA Increased To 72.4 Million Euros

Deceuninck NV

21/02/2019 06:17

Feb 21 (Reuters) - DECEUNINCK NV  DECB.BR :
    * FY ADJUSTED. EBITDA INCREASED TO € 72.4M (FY 2017: €
68.1M)
    * FY SALES DECREASED BY 1.9% TO EUR 674.2M (FY 2017: EUR
687.2M)
    * FY NET PROFIT INCREASED TO € 15.6M (FY 2017: € 13.8M)
    * DIVIDEND: BOARD WILL PROPOSE TO AGM TO MAINTAIN DIVIDEND
AT EUR
0.03 PER SHARE
    * WE REMAIN POSITIVE ABOUT THE LONG TERM GROWTH POTENTIAL OF
OUR
INDUSTRY, BUT WILL HAVE TO MANAGE THE DOWNTURN IN TURKEY
    * WE PREPARE FOR A FURTHER DETERIORATION OF THE TURKISH
MARKET
DURING H1

Further company coverage:  DECB.BR 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))