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Logistica Brasil sells its entire stake in Elog SA to Ecorodovias Infraestrutura e Logistica SA

Tuesday, 19 May 2015 08:29am EDT

Ecorodovias Infraestrutura e Logistica SA:Says that BRZ Investimentos Ltda exercised the put option of Logistica Brasil - Fundo de Investimento em Participacoes ("Logistica Brasil") regarding its entire stake in Elog SA.Logistica Brasil was holding 20 percent stake in Elog SA.After the transaction, company will hold 100 percent stake in Elog SA.Put option is valued at 214 million Brazilian reais.

Parking Management Organization raises consolidated full-year outlook and year-end dividend forecast for FY 2015

Friday, 8 May 2015 02:00am EDT

Parking Management Organization Ltd:Says the company increased the consolidated full-year outlook for revenue to 6,691 million yen from 6,150 million yen for FY ended March 2015.Operating profit forecast increased to 241 million yen from 150 million yen.Ordinary profit forecast increased to 236 million yen from 155 million yen.Net profit forecast increased to 151 million yen from 105 million yen.Earnings per share increased to 19.85 yen from 13.72 yen.Comments the sales increase is the main reason for the forecast.Raised year-end dividend forecast to 6 yen per share from 3.90 yen per share for FY ended March 2015.

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