March 26, 2018 / 6:12 AM / in 7 months

BRIEF-Globaltrans FY 2017 Profit Up 126% YR/YR to RUB 13.8 Bln

March 26 (Reuters) - GLOBALTRANS:

* FY 2017 PROFIT FOR YEAR WAS UP 126% YEAR ON YEAR TO RUB 13.8 BILLION

* FY 2017 ADJUSTED EBITDA INCREASED 46% TO RUB 25.8 BILLIO

* FY 2017 TOTAL REVENUE ROSE 12% YEAR ON YEAR TO RUB 78.1 BILLION

* FY 2017 ADJUSTED REVENUE INCREASED 18% YEAR ON YEAR TO RUB 52.1 BILLION

* PROPOSES DIVIDEND OF RUB 23.25 PER ORDINARY SHARE/GDR FOR 2017

* BOARD HAS ALSO PROPOSED A SPECIAL FINAL DIVIDEND OF RUB 3.9 BILLION OR RUB 21.60 PER ORDINARY SHARE/GDR

* PROPOSED TOTAL FINAL PAYMENT TO SHAREHOLDERS THEREFORE AMOUNTS TO RUB 8.0 BILLION OR RUB 44.85 PER SHARE/GDR

* LONG-TERM PARTNERSHIP WITH MMK EXTENDED FOR A FURTHER 18 MONTHS UNTIL END OF SEPTEMBER 2020 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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