Vilmorin & Cie SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Vilmorin & Cie SA Confirms FY 2012/2013 Revenue and Operating Margin Guidance; Announces Details of FY 2011/2012 Dividend; Announces Nomination of Mr. Phillippe Aymard as Chairman
Vilmorin & Cie SA announced that it confirms its fiscal year 2013/2013 guidance of an increase, like for like, of more than 6% in revenue, and on a current operating margin of 11%. In fiscal year 2011/2012, the Company reported revenue of EUR 1.338 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of EUR 1.439 billion. The Company also announced that its Annual General Meeting (AGM) fixed the fiscal year 2011/2012 dividend at EUR 1.65 per share, an increase of 10%. Coupons will be detached on December 17, 2012, and the dividend paid on December 20, 2012. During the Annual General Meeting, Mr. Gerard Renard confirmed to the Shareholders that he would be terminating his term of office as of December 12, 2012, having reached the age limit defined in the by-laws. The Board of Directors, which met after the AGM, designated Mr. Philippe Aymard, a Member of the Board since 2006, to succeed him.
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