Beni Stabili SpA said its full year net profit rose to â¬62.1 mln from 61.5 mln, underpinned by higher profits from property sales.
Profits from property sales rose 66 pct to 63.4 mln eur, while revenues from rents rose 5 pct to 166.0 mln.
However, results were affected by higher costs, taxes, and payments to minorities, it said.
Beni Stabili will pay a 0.02 eur dividend per share, up from 0.018 eur a year earlier.
www.efreeman.co.uk
Source: Freeman
