Referring to the press release dated January 18, 2016 in which Italeaf announced the intention of the Board of Directors to propose the distribution of a 2015 dividend increased than dividend of 2014, while not having yet visibility on the net profit, the chairman of Italeaf Mr Stefano Neri stated:
“While confirming the growth forecasts for the turnover of TerniEnergia, the main asset in the Company’s portfolio, which achieved higher revenues and EBITDA in its history, it has seen, however, a significant decrease in the net profit of the same company, because of some tax impacts. Because of these circumstances, it is believed that the amount hypothesized dividend may be affected by these contingencies arisen. The final decision on the proposed dividend will still object of the Board of Director’s meeting to approve the financial statements 2015”.
