Brief: Deutsche Rohstoff To Propose Increased Dividend Of EUR 0.70/Shr

Deutsche Rohstoff AG

06/05/2019 14:37

May 6 (Reuters) - Deutsche Rohstoff AG  DR0G.DE :
    * DGAP-ADHOC: DEUTSCHE ROHSTOFF AG: FURTHER DIVIDEND INCREASE PLANNED
    * IN FISCAL YEAR 2018, DEUTSCHE ROHSTOFF GROUP GENERATED SALES OF EUR 109,1 MILLION
(PREVIOUS
YEAR: EUR 53.7 MILLION)
    * FY EBITDA OF EUR 97.9 MILLION (PREVIOUS YEAR: EUR 36.1 MILLION)
    * FY CONSOLIDATED NET INCOME OF EUR 17.9 MILLION (PREVIOUS YEAR: EUR 7.7 MILLION
    * TO PROPOSE INCREASED DIVIDEND OF EUR 0.70 PER SHARE BE DISTRIBUTED (PREVIOUS YEAR: EUR
0.65)
    * Q1 SALES OF EUR 14.7 MILLION, EBITDA OF EUR 12.8 MILLION
    * CONSOLIDATED NET INCOME OF EUR 4.1 MILLION IN Q1 OF 2019.
    * OUTLOOK 2019: CONSOLIDATED SALES OF EUR 40 TO 50 MILLION AND EBITDA OF EUR 25 TO 35
MILLION
    * OUTLOOK 2020: SALES OF EUR 75 TO 85 MILLION AND EBITDA OF EUR 55 TO 65 MILLION
    * ANTICIPATES A POSITIVE NET PROFIT FOR GROUP FOR 2019 AND 2020

Source text for Eikon:  ID:nEQ5WHqdLa 
Further company coverage:  DR0G.DE 

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