Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: GlobalData
Provider: Wright Reports
Provider: Sadif Analytics Prime

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Drillisch AG Narrows Upwards FY 2013 and Increases FY 2014 EBITDA Guidance; Announces Dividend Proposal for 2013-2015 Business Years

Thursday, 14 Nov 2013 07:39am EST 

Drillisch AG announced that as the operating business continues to develop in a positive direction, the Management Board, based on the current situation, expects an EBITDA of EUR 70 million for 2013 as a whole as well as a further increase to EUR 82 million to EUR 85 million in 2014 and simultaneous growth in the MVNO clientele basis in 2014. According to board decision, the management board decided upon the positive operational development as well as the positive cash and cash flow development, to submit to the upcoming annual general meeting for business year 2013, a dividend proposal of EUR 1.60 per voting share. This translates into a dividend increase of 23% compared with the last dividend. Based on current planning and subject to the approval by the governing boards and the Annual General Meeting, the Company proposes a dividend of at least EUR 1.60 for the business years 2014 and 2015. According to I/B/E/S Estimates, analysts on average expect the Company to report EBITDA of EUR 69.95 million for the fiscal year 2013 and of EUR 82.35 million for the fiscal year 2014. 

Company Quote

0.115 +0.27%
5:40am EDT