Press Releases

The Board of Directors of Equita Group approves the financial results for the first half 2019. Change in the calendar of corporate events 2019

The Board of Directors of Equita Group approves the financial results for the first half ended 30 June 2019

  • Consolidated Net Revenues of Euro 25.5 million and Consolidated Net Profit of Euro 4.0 million
  • First half 2019 results impacted by lower extraordinary transactions in the Italian capital markets and a comparison effect as Equita experienced an unusual concentration of investment banking mandates in the first half 2018
  • Return on Tangible Equity of 14% and Total Capital Ratio of 25%, consistently above capital requirements
  • Outlook 2019: First half results and expectations about the second half of the year led the Board of Directors of Equita to consider, absent significant market changes, the proposal to distribute a dividend between Euro 0.18 and Euro 0.20 per share in 2020 (compared to Euro 0.22 per share paid out in May 2019)
  • Change in the Calendar of Corporate Events for Fiscal Year 2019

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