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Provider: Reuters Investment Profile
Provider: MarketLine (a Datamonitor Company)
Provider: Wright Reports
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Olvi Oyj Proposes FY 2012 Dividend of EUR 0.50 per Share; Issues FY 2013 Financial Guidance in Line with Analysts' Estimates

Thursday, 21 Feb 2013 02:00am EST 

Olvi Oyj announced that its Board of Directors proposes fiscal year 2012 dividend of EUR 0.50 per share. The dividend represents 40.3% of the Company’s earnings per share. The dividend will be paid to shareholders registered in the Company’s register of shareholders held by Euroclear Finland Ltd on the record date of the dividend payment April 15, 2013. It is proposed that the dividend be paid on April 22, 2013. The proposed dividend is unchanged from fiscal year 2011. The Company also announced that it expects its fiscal year 2013 sales volumes and net sales to develop favorably in the current accounting period. It also expects fiscal year 2013 operating profit improved on fiscal year 2012. The Company reported fiscal year 2012 net sales of EUR 312.2 million and fiscal year 2012 operating profit of EUR 30.5 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013 net sales of EUR 336.15 million and fiscal year 2013 operating profit (EBIT) of EUR 36.20 million. 

Company Quote

-0.02 -0.09%
24 Oct 2014