Analyst Research

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Provider: GlobalData
$125.00
Provider: Reuters Investment Profile
$20.00

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Heurtey Petrochem SA issues FY 2014 revenue guidance; proposes FY 2013 dividend; considers rights issue


Tuesday, 18 Mar 2014 12:45pm EDT 

Heurtey Petrochem SA:Sees FY 2014 revenue of 420-440 million euros, representing an organic growth target of 5-10 pct.FY 2014 revenue 416.38 million euros-Thomson Reuters I/B/E/S Estimates.Proposes stable FY 2013 dividend of 0.55 euro per share.Ex-dividend date June 6.Payment date June 12.Says it is studying possibility of 30 million euro rights issue in H1 2014.Following rights issue it would considering acquiring remaining shares in Prosernat which it does not already hold. 

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