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Valora Holding AG proposes dividend for FY 2013 and issues FY 2014 EBIT guidance below analysts' estimates

Thursday, 3 Apr 2014 01:00am EDT 

Valora Holding AG:Proposes the payment of a 12.50 Swiss francs dividend per share for 2013.For 2014 expects a rise in EBIT of 3 pct to 7 pct 75 million Swiss francs to 78 million Swiss francs and due to non-recurring effects publish results will amount to 66 million Swiss francs to 70 million Swiss francs while for 2016 expects EBIT of 100 million Swiss francs to 105 million Swiss francs.FY 2014 EBIT of 86.13 million Swiss francs and FY 2016 EBIT of 107 million Swiss francs - Thomson Reuters I/B/E/S.Expects a free cash flow of 60 million Swiss francs for 2014-2016.