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BRIEF-Vtech Holdings says FY profit attributable decreased by 1.3 pct to US$179 million
May 16, 2017 / 8:39 AM / 6 months ago

BRIEF-Vtech Holdings says FY profit attributable decreased by 1.3 pct to US$179 million

May 16 (Reuters) - Vtech Holdings Ltd

* Fy profit attributable to shareholders of company decreased by 1.3% to us$179.0 million

* Fy group revenue increased by 12.0% to a record us$2,079.3 million

* Final dividend of us53.0 cents per ordinary share

* Group revenue is expected to be higher in financial year 2018, with sales increases across all three product lines

* Cost of materials is also expected to be higher in financial year 2018

* Direct labour costs and manufacturing overheads as a percentage of group revenue are forecast to decrease slightly in financial year 2018 Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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