March 26, 2020 / 4:47 PM / 4 days ago

BRIEF-RCS Mediagroup FY Net Profit Down At EUR 68.5 Mln

March 26 (Reuters) - Rizzoli Corriere della Sera Mediagroup SpA:

* FY REVENUE EUR 923.6 MILLION VERSUS EUR 975.6 MILLION YEAR AGO

* FY NET PROFIT EUR 68.5 MILLION VERSUS EUR 85.2 MILLION YEAR AGO

* PROPOSES DIVIDEND FOR 0.03 EUR PER SHARE

* HAS ADEQUATE MANAGEMENT LEVERS TO COUNTER EFFECTS OF HEALTH EMERGENCY IN 2020 AND CONFIRMS GROUP’S MEDIUM-LONG TERM PROSPECTS

* ADVERTISING SALES IN MARCH HAD A SLOWDOWN IN BOTH ITALY AND SPAIN DUE TO CORONAVIRUS SPREAD Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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