STEF FY Operating Income Up At 203.5 Million Euros

March 09, 2023 05:59 PM CET | By Reuters

March 9 (Reuters) - Stef SA:

* DESPITE A COMPLEX ECONOMIC ENVIRONMENT MARKED BY INFLATIONARY PRESSURE, FLUCTUATING ENERGY COSTS AND RISING INTEREST ENERGY COSTS AND RISING INTEREST RATES, THE GROUP REMAINS CONFIDENT IN THE STRENGTH OF ITS BUSINESS BUSINESS MODEL.

* FY REVENUE EUR 4.26 BILLION VERSUS EUR 3.51 BILLION YEAR AGO

* FY OPERATING RESULT EUR 203.5 MILLION VERSUS EUR 153.9 MILLION YEAR AGO

* FY NET INCOME GROUP SHARE EUR 146.4 MILLION VERSUS EUR 110.0 MILLION YEAR AGO

* THE GROUP IS MAINTAINING ITS POLICY OF DISTRIBUTING A DIVIDEND OF ONE-THIRD OF ITS EARNINGS, REPRESENTING €4 PER SHARE, SUBJECT TO THE VOTE OF THE GENERAL MEETING OF APRIL 27, 2023 Source text for Eikon: Further company coverage: (Gdansk Newsroom)