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BRIEF-IC Group operating profit for 2016/17 at DKK 125 mln
August 31, 2017 / 7:25 AM / 22 days ago

BRIEF-IC Group operating profit for 2016/17 at DKK 125 mln

Aug 31 (Reuters) - IC GROUP A/S:

* BOARD OF DIRECTORS WILL PROPOSE AT ANNUAL GENERAL MEETING A RESOLUTION RECOMMENDING AN ORDINARY DIVIDEND OF DKK 5.0 PER ELIGIBLE SHARE

* “FOR GROUP AS A WHOLE, WE EXPECT TO REALIZE A MINOR REVENUE REDUCTION COMPARED TO FINANCIAL YEAR 2016/17 AND AN EBIT MARGIN OF APPROX. 5%”

* INVESTMENTS FOR FINANCIAL YEAR 2017/18 ARE EXPECTED TO BE IN REGION OF 3-4% OF ANNUAL REVENUE

* CONSOLIDATED REVENUE FOR 2016/17 AMOUNTED TO DKK 2,749 MILLION (DKK 2,665 MILLION) CORRESPONDING TO A GROWTH RATE OF 3.2% OR 4.3% MEASURED IN LOCAL CURRENCY COMPARED TO 2015/16

* CONSOLIDATED OPERATING PROFIT FOR 2016/17 AMOUNTED TO DKK 125 MILLION (DKK 243 MILLION) RESULTING IN AN EBIT MARGIN OF 4.5% (9.1%) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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