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CORRECTION OFFICIAL - Tulikivi Oyj Proposes No Dividend for FY 2012; Issues FY 2013 Financial Guidance


Monday, 11 Feb 2013 05:15am EST 

CORRECTED TO READ (2 sentences)..to improve in fiscal year 2013...instead of...to improve in fiscal year 2013 and the result before taxes to be profitable...profit of EUR 0.1 million...instead of...profit of EUR 0.1 million and fiscal year 2012 result before taxes of negative EUR 0.8 million Tulikivi Oyj announced that its Board proposes to the Annual General Meeting that no dividend be paid for fiscal year 2012. This is unchanged from fiscal year 2011. The Company also announced that no significant growth on fiscal year 2012 is anticipated for net sales in fiscal year 2013. As a result of improvements to operating efficiency, operating profit is expected to improve in fiscal year 2013. The Company reported fiscal year 2012 net sales of EUR 51.2 million, fiscal year 2012 operating profit of EUR 0.1 million. 

Company Quote

0.2
0.0020 +1.01%
11:03am EST