No dividend this year for Saras shareholders. To push the Board towards this decision was the adjusted net result of the group, which in 2011 was negative for 17,7 million euros, however an improvement compared to the loss of 45,5 million recorded in 2010. At the opening in Piazza Affari, the company's stock dropped about half a point.
As for the group's net profit, the Moratti family's oil refining company closed last year's accounts with a positive figure of 58,8 million, while the separate financial statements of Saras spa showed a loss of 45,5 million euros, an increase (+59%) compared to the net loss of 110,1 million euros in the previous year. Group revenues amounted to 11.037 million (+28%).
