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Essilor International SA Proposes FY 2011 Dividend and Issues FY 2012 Revenue Guidance in Line with Analysts' Estimates and Operating Margin Guidance
Essilor International SA announced that the Board of Directors will recommend that shareholders at the Annual Meeting on May 11, 2012 approve the payment of a 2011 dividend of EUR 0.85 per share, increased compared to previous year. The dividend will be payable as from May 29, 2012. The Company announced also that for the fiscal year 2012 it expects to report revenue growth, like-for-like plus bolt-on acquisitions, of 6% to 9% and a sustained high operating margin. For 2011 the Company reported revenue of EUR 4,189.54 million. According to I/B/E/S Estimates analysts on average are expecting the Company to report for 2012 revenue of EUR 4,615.42 million.
Latest Developments for Essilor International SA
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