Reuters logo
BRIEF-Orion Oyj Q4 EBIT at EUR 58.7 million, above estimates
February 8, 2017 / 10:18 AM / 10 months ago

BRIEF-Orion Oyj Q4 EBIT at EUR 58.7 million, above estimates

Feb 8 (Reuters) - Orion Oyj:

* Q4 sales 279.9 million euros ($298.18 million) versus 273 million euros seen in Reuters poll

* Q4 EBIT 58.7 million euros (Reuters poll 56.5 million)

* Proposes dividend of 1.35 euro per share and 0.20 euro special dividend per share, in total 1.55 euro per share (Reuters poll: 1.45 euro per share)

* Says net sales of business division turned to growth in 2016 for first time since start of generic competition for Parkinson’s franchise

* CEO says “Clear growth in operating profit is explained by growth in net sales and about 22 million euros of total capital gains”

* Sees 2017 net sales at similar level to 2016 and operating profit ex. material capital gains to be at least 280 million euros Source text for Eikon: Link to Reuters poll: Further company coverage: ($1 = 0.9387 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below