Sogefi’s Q1 net income drops 62% y/y to USD3.3 million

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Financial results

Shareholder approves company’s full-year results, share repurchase programme for 10 million

Sogefi has reported a 61.8% year-over-year (y/y) decline in net income to EUR2.9 million (USD3.3 million, 31 March 2016) for the first quarter ended 31 March 2016, the company said in a press release.

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