Rapala VMC Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Rapala VMC Oyj Proposes FY 2012 Dividend of EUR 0.23 per Share; Issues FY 2013 Financial Guidance in Line with Analysts' Estimates
Rapala VMC Oyj announced that its Board proposes to the Annual General Meeting that a divided of EUR 0.23 per share to be paid for fiscal year 2012. This represents 88% of earnings per share. This is unchanged from fiscal year 2011. The Company also announced that its fiscal year 2013 outlook is positive. The Company expects fiscal year 2013 sales to increase from fiscal year 2012 and fiscal year 2013 comparable operating profit, excluding non-recurring items and mark-to-market valuations of currency derivatives, to be EUR 30 million plus or minus 10%. The Company reported fiscal year 2012 sales of EUR 290.7 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013 sales of EUR 299.14 million and fiscal year 2013 operating profit (EBIT) of EUR 30.28 million.
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