April 27, 2020 / 6:21 AM / a month ago

BRIEF-Galp Revises Short Term Annual Net Capex To Between 0.5 Bln Euros And 0.7 Bln Euros

April 27 (Reuters) - Galp Energia SGPS SA:

* SAYS UNCERTAIN RECOVERY PROFILE FROM Q3 2020 ONWARDS. PREPARED TO ADAPT QUICKLY IF THAT IS TO HAPPEN SOONER AND STRONGER THAN EXPECTED

* SAYS EXPECTED MACRO VOLATILITY AND CURRENT COVID-19 TO IMPACT Q2 PERFORMANCE

* SAYS TO MAKE FINAL DIVIDEND PAYMENT OF 0.38 EUROS PER SHARE IN Q2 2020

* SAYS REVISES SHORT TERM ANNUAL NET CAPEX TO BETWEEN 0.5 BILLION EUROS AND 0.7 BILLION EUROS Source text: bit.ly/3562qo2 Further company coverage: (Gdansk Newsroom)

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