Cembre

Press Releases

BOARD APPROVES INTERIM REPORT ON THE 1st QUARTER OF 2016

Cembre (STAR): in the 1st Quarter consolidated sales
decline slightly (down 1.8%)
while net profit improves by 2.6%
12/05/2016

  • In the 1st Quarter of 2016 domestic sales were up 2.7% while exports declined by 4.7%
  • Consolidated sales for the first four months of 2016 were down 2.9% on the corresponding period in 2015

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The Shareholders Meeting approved the 2015 Financial Statements

Cembre (a STAR listed company): distribution of a €0.46 dividend per share 21/04/2016

  • Section I of the Report on Remuneration was approved
  • A resolution to authorize the purchase of own shares was passed
  • The Board of Directors held after the Meeting resolved the start of the program for the purchase of own shares
  • Consolidated sales declined slightly (-1.8%) in the 1st Quarter of 2016
  • The consolidated net financial position at March 31, 2016 amounted to a surplus of €19.2 million

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The Board of Directors approves the Draft Financial Statements of Cembre SpA and the Consolidated Financial Statements at December 31, 2015

Consolidated sales grow to €121.4 million, up 7.5% on 2015 Consolidated net profit equal to €15.9 million (up 17.7%) Net consolidated financial position equal to a surplus of €17.8 million11/03/2016

  • The Board proposes a €0.46 dividend per share (up 28%)
  • Shareholders’ Meeting called on April 21, 2016
  • Requisites for the independence of Independent Directors were assessed
  • Request made to the Shareholders’ Meeting called on April 21, 2016 to authorize the purchase of own shares

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notes and legal information

Cembre Via Serenissima, 9 - 25135 Brescia - ITALY
© Copyright 2022 Cembre S.p.A.

CODICE FISCALE – P.IVA: 00541390175
ISCRIZIONE AL REGISTRO DELLE IMPRESE: n. 00541390175 Brescia
CAPITALE SOCIALE: € 8.840.000 i.v.