Beni Stabili full year net profits rise to 62.1m (IT)

Beni Stabili SpA said its full year net profit rose to €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.
Source: Freeman

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