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Stockmann Oyj Abp proposes FY 2013 dividend; issues FY 2014 outlook


Thursday, 13 Feb 2014 01:00am EST 

Stockmann Oyj Abp:Says the Board of Directors proposes that a dividend of 0.40 euros per share be paid for the financial year 2013.Says the record date for the dividend distribution is Mar. 21.Says the Board of Directors proposes that the dividend be paid out on Apr. 16.Sees, at comparable exchange rates, the Group’s revenue to increase slightly in 2014 (2013 revenues: 2,037 mln euros).Says revenue growth is expected to take place in the second half of the year.Fiscal year 2014 revenues 2,095 mln euros - Thomson Reuters I/B/E/S.Sees fiscal year 2014 operating profit to be somewhat higher than in 2013.Says the first-quarter operating result will be negative due to normal seasonal variation. 

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