The group Tip: ended 2018 with a consolidated profit amounting to 29,8 million euros. The company communicates this, explaining that "following the adoption of IFRS 9", the financial statements "present a loss for the year" of 2,4 million, which however "does not take into account capital gains of over 51 million euros" , which, "having not passed through the income statement, were directly transferred from the OCI reserve to retained earnings". All things considered, therefore, "the pro forma income statement of the separate financial statements shows a profit of over 8 million euros and the reserve for retained earnings of the separate financial statements is over 170 million euros".
The meeting also approved the distribution of a dividend of €0,07 “to the outstanding ordinary shares, gross of withholding taxes, with coupon detachment date no. 15 on 20 May 2019 and with payment on 22 May 2019".
He was then nominated the new Board of Directors for the three-year period 2019-2021, composed of nine members: Giovanni Tamburi (president), Alessandra Gritti, Claudio Berretti, Cesare d'Amico, Alberto Capponi, Giuseppe Ferrero, Manuela Mezzetti, Daniela Palestra and Paul Simon Schapira. Finally, the assembly of Tip
Finally, Tip's assembly cleared for the next 18 months, the acquisition of treasury shares, up to "the maximum number permitted by law (currently 20% of the share capital and, therefore, a maximum of 32.888.333 shares, from which the treasury shares already in the portfolio can be deducted) - continues the note - as well as sell the treasury shares already purchased or which will be purchased in the future in execution of this resolution".
