March 18, 2020 / 6:25 AM / 2 months ago

BRIEF-BKW FY Net Profit Up At CHF 404 Mln

March 18 (Reuters) - BKW AG:

* FY RESULTS AT CHF 433 MILLION

* FY EBIT WAS 19 PERCENT ABOVE ADJUSTED FIGURE FOR PREVIOUS YEAR

* INCREASED FY REVENUE, THIS TIME BY 7 PERCENT TO CHF 2,867 MILLION

* FY NET PROFIT WAS UP 149 PERCENT TO CHF 404 MILLION

* DIVIDEND SHOULD BE INCREASED FROM CHF 1.80 TO CHF 2.20 PER SHARE

* OUTLOOK 2020: EXPECTS A LOWER YEAR-ON-YEAR OPERATING PROFIT IN RANGE OF CHF 380 MILLION TO CHF 400 MILLION

* OUTLOOK 2020: DIFFICULT TO GAUGE EFFECTS OF CORONAVIRUS AT PRESENT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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