Analyst Research

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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.
Provider: Directors Deals Ltd.

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Berlin IV A/S Proposes No Dividend for FY 2012/2013; Issues FY 2013/2014 Financial Guidance; Plans Share Buy-Back

Tuesday, 17 Sep 2013 02:18am EDT 

Berlin IV A/S announced that the Company proposes to pay no dividend for the fiscal year 2012/2013. For the fiscal year 2011/2012 the Company paid no dividend either. The Company also communicated that in the fiscal year 2013/2014 it expects to report turnover of EUR 14.5 million and a result before tax and value adjustments of between EUR 3.5 million and 4.0 million. Additionally, Berlin IV stated that it intends to use EUR 4 million to repurchase its own shares.