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GCA Savvian Group Corp Raises Full-year Consolidated Outlook and Reaffirms Year-end Dividend Forecast for FY 2012


Tuesday, 27 Nov 2012 01:30am EST 

GCA Savvian Group Corp announced that it has raised its full-year consolidated outlook for revenue from JPY 9,900 million to JPY 10,500 million, operating profit from JPY 2,430 million to JPY 2,550 million, ordinary profit from JPY 2,444 million to JPY 2,564 million, net profit from JPY 700 million to JPY 1,040 million, for the fiscal year ending December 31, 2012. The Company raised its full-year consolidated outlook mainly due to the increase in merger and acquisition (M&A) cases. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 11,700 million, operating profit of JPY 3,700 million and net profit of JPY 1,400 million, for the same fiscal year. The Company also has reaffirmed its year-end dividend forecast of JPY 2,500 per share, for the same fiscal year. 

Company Quote

1016.0
66.0 +6.95%
2:00am EDT