Unibail Rodamco Se Issues FY 2013 Earnings Per Share Guidance in Line with Analysts' Estimates; Proposes FY 2012 Dividend
Unibail Rodamco Se announced that it is aiming for growth of at least 5% in its recurring earnings per share (EPS) for fiscal year 2013. For the longer term, the Group expects to reach recurring EPS of EUR14 by 2017. The Company reported EPS of EUR 9.60 for fiscal year 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 EPS of EUR 10.16. In addition, the Company announced that it will propose to the Annual General Meeting (AGM) of shareholders to declare a dividend for fiscal year 2012 of EUR 8.40 per share, representing an increase of 5% compared to fiscal year 2011 and a pay-out ratio of 88% comparable to the one in fiscal year 2011.
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