Brief: High Co Fy Recurring Operating Profit Down At 12.1 Million Euros

High SA

20/03/2018 17:21

March 20 (Reuters) - HIGH CO SA  HIGH.PA :
    * PROPOSES A DIVIDEND OF EUR 0.14 PER SHARE
    * FY GROSS MARGIN PROFIT EUR ‍​82.2 MILLION VERSUS EUR 81.1
MILLION YEAR AGO
    * FOR 2018, EXPECTS GROSS MARGIN GROWTH HIGHER THAN THAT OF
2017‍​
    * FY ADJUSTED ATTRIBUTABLE NET PROFIT EUR ‍​8.5 MILLION,
DOWN 1.9
VERSUS YEAR AGO
    * FY RECURRING OPERATING PROFIT EUR ‍​12.1 MILLION VERSUS
EUR 12.4
MILLION YEAR AGO
    * FOR 2018, EXPECTS GROWTH OF ADJUSTED OPERATING MARGIN
    * IN 2018 FINANCIAL SOURCES TO BE DEVOTED TO CAPITAL
EXPENDITURE
BETWEEN EUR 1.0 MILLION AND EUR 2.0 MILLION ‍​
    * IN 2018, TO GIVE PRIORITY IN FINANCIAL RESOURCES TO SHARE
BUYBACK AT BETWEEN EUR 0.5 MILLION AND EUR 1.0 MLN‍​
    * IN 2018, SEES GROSS MARGIN GROWTH ABOVE THAT OF 2017 AT
CONSTANT
SCOPE AND EXCHANGE RATES‍​

Source text for Eikon:  ID:nGNE3TfkCx 
Further company coverage:  HIGH.PA 

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