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Kering SA announces additional FY 2013 dividend and gives FY 2014 outlook

Friday, 21 Feb 2014 01:01am EST 

Kering SA:Says at the Annual General Meeting of June 18, 2013, its shareholders authorized the payment of an additional cash dividend of 2.25 euros per share (following an interim cash dividend of 1.50 euro paid on Jan. 24).Says it has also been voted to distribute an additional dividend in the form of Groupe Fnac shares at a ratio of one Groupe Fnac share for every eight Kering shares held.Forecasts growth for both its revenue and recurring operating income in 2014.FY 2013 revenue 9,748 million euros, recurring operating income 1,750 million euros.Fy 2014 revenue 10,305 million euros, EBIT 1,916 million euros - Thomson Reuters I/B/E/S Estimates. 

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1.7 +1.05%
11:35am EST