Edition:
United Kingdom

Danieli & C Officine Meccaniche FY Net Profit Up At Eur 58.4 mln


Tuesday, 25 Sep 2018 

Sept 26 (Reuters) - DANIELI & C. OFFICINE MECCANICHE SpA ::REPORTED ON TUESDAY FY 2017/2018 REVENUE OF EUR 2.71 BILLION VERSUS EUR 2.49 BILLION A YEAR AGO .FY 2017/2018 NET PROFIT WAS EUR 58.4 MILLION VERSUS EUR 50.5 MILLION A YEAR AGO .ORDER PORTFOLIO AT JUNE 30 OF EUR 2.95 BILLION, UP 17 PCT YEAR ON YEAR .TO PROPOSE FY DIVIDEND PAYMENT OF EUR 0.10 PER ORDINARY SHARE AND EUR 0.1207 PER SAVINGS SHARE.SAID PLANT MAKING REVENUES ARE IN LINE WITH THE FORECASTS MADE AT THE BEGINNING OF THE YEAR.SAID STEEL MAKING SEGMENT REVENUES ARE HIGHER THAN WHAT WAS BUDGETED AT THE BEGINNING OF THE YEAR .BELIEVES THAT IN THE NEXT FINANCIAL YEAR BOTH BUSINESS SEGMENTS COULD SEE AN IMPROVEMENT. 

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