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5 months ago
BRIEF-Ontex FY revenue 1.99 billion euros, in line with Reuters poll
March 8, 2017 / 6:58 AM / 5 months ago

BRIEF-Ontex FY revenue 1.99 billion euros, in line with Reuters poll

March 8 (Reuters) - Ontex Group NV:

* FY revenue 1.99 billion euros ($2.10 billion)versus 1.99 billion euros in Reuters poll

* FY adjusted profit for the period 131.7 million euros versus 126 million euros in Reuters poll

* FY adjusted EBITDA 248.7 million euros versus 248 million euros in Reuters poll

* FY adjusted EPS 1.77 euros versus 1.68 euros in Reuters poll

* Anticipated to grow revenue ahead of its markets in all divisions in 2017, supported by commercial investments behind brand portfolio and retail partners’ brands

* We expect external environment to remain challenging in 2017, including volatile FX and some pressures on raw material costs

* Proposes to pay a gross dividend of 0.55 euro per share Source text for Eikon: Further company coverage: ($1 = 0.9468 euros) (Gdynia Newsroom)

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