April 3, 2017 / 8:10 AM / in 8 months

BRIEF-Lucisano Media Group FY net profit falls to EUR 4.0 mln

April 3 (Reuters) - Lucisano Media Group SpA:

* Reported on Friday FY net profit 4.0 million euros ($4.27 million) versus 5.0 million euros a year ago

* FY revenue and operating income 38.1 million euros versus 50.7 million euros a year ago

* Fall in FY revenue and operating income is due to a delay in the release of TV series “Il sistema 2” and film “Beata ignoranza” to Feb. 2017

* Proposes dividend of 0.05 per share

* Sees growth in 2017 results

Source text for Eikon:

Further company coverage: ($1 = 0.9372 euros) (Gdynia Newsroom)

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