MILAN, March 11 (Reuters) - Italian jeweller Bulgari SpA (BULG.MI) said 2008 profit fell 45 percent to 82.9 million euros ($105.8 million), with the economic downturn hitting results. Bulgari said in a statement on Wednesday March 11 it would propose a dividend of 0.10 euro per share, compared to 0.32 euro for the previous year.

Bulgari ad 2009

Chief Executive Francesco Trapani told Reuters in a telephone interview current trading was in line with company expectations of being inferior to 2008 levels.

He did not foresee any price rises or falls for Bulgari products this year.