Brief: Ferro Maintains 2019-2023 Strategic Options

Ferro SA

20/07/2020 16:21

July 20 (Reuters) - Ferro SA  FROP.WA :
    * HAS UNDERTAKEN REVIEW OF 2019-2023 STRATEGIC OPTIONS
    * FOLLOWING EVALUATION OF STRATEGIC OPTIONS PLANS TO
INTENSIFY
ACTIONS LEADING TO POTENTIAL M&A PROJECTS IMPLEMENTATION IN H2
2020
    * PLANS TO RECOMMEND DIVIDEND PAYMENT FOR FY 2019 NO SMALLER
THAN
20% OF CO'S STANDALONE NET PROFIT
    * REST OF 2019 RETAINED PROFIT WILL BE ALLOCATED TO
SUPPLEMENTARY
CAPITAL
    * STRATEGIC GOALS NOT TO BE INFLUENCED BY SARS-COV-2
PANDEMIC

Source text for Eikon:  ID:nEMc97rw9a 
Further company coverage:  FROP.WA 

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