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Provider: Reuters Investment Profile
Provider: Reuters Investment Profile

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Danone SA Announces FY 2012 Dividend Payment; Announces FY 2013 Revenue Guidance in Line with Analysts' Estimates

Tuesday, 19 Feb 2013 02:04am EST 

Danone SA announced that at the Shareholders' Meeting on April 25, 2013, Danone will ask shareholders to approve distribution of a EUR 1.45 dividend per share in respect of the 2012 fiscal year, to be paid in cash. This represents a +4.3% rise from 2011. If this proposal is approved, the ex-dividend date will be May 2, 2013 and the dividend will be payable as from May 7, 2013. Moreover, the Company also announced that it expects to report fiscal year 2013 revenue of growth of at least 5% and its trading operating margin down, by between 50 bps and 30 bps. The Company reported fiscal year 2012 revenue of EUR 20,869.00 million. According to I/B/E/S Estimates analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 22,030.88 million. 

Company Quote

0.25 +0.45%
6:07am EST