March 20, 2018 / 9:22 AM / a month ago

BRIEF-Fope FY Net Profit Up At EUR 2.3 Mln

March 20(Reuters) - FOPE SPA:

* REPORTED ON MONDAY FY PRODUCTION VALUE EUR ‍​28.03 MLN VS EUR 23.08 MLN YEAR AGO

* FY NET PROFIT EUR 2.3‍​ MLN VS EUR 1.1 MLN YEAR AGO

* PROPOSED DIVIDEND OF EUR 0.125 PER SHARE (27 PCT PAY-OUT)

* EXPECTS GROWTH IN SALES VOLUME AND A POSITIVE ECONOMIC RESULT IN 2018 BASED ON THE POSITIVE PERFORMANCE OF THE FIRST MONTHS

* HAS SET UP FOPE JEWELLERY LIMITED TO SUPPORT PRESENCE ON THE ENGLISH MARKET

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Further company coverage: (Gdynia Newsroom)

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