Brief: IMC Updates 2016-2020 Strategy

Imc SA

14/02/2018 06:39

Feb 14 (Reuters) - IMC SA  IMC.WA : 
    * SAID ON TUESDAY THAT IT HAS UPDATED ITS STRATEGY FOR 2016 
- 2020 
    * WITH REGARD TO DIVIDEND PAYMENT IN 2018 THE COMPANY PLANS 
TO 
REVISE THE DIVIDEND PAYOUT RATIO UPWARDS 
    * ANNOUNCEMENT OF DIVIDEND PAYMENT IS PLANNED FOR AUGUST, 
AND THE 
PAYMENT OF DIVIDENDS IS PLANNED FOR SEPTEMBER 
    * PROFIT RECEIVED IN 2017-2020, PLANS TO INVEST MAINLY IN 
PROJECTS 
ON OPERATIONAL EFFICIENCY IMPROVEMENT, DEBT REDUCTION AND 
PAYMENT OF DIVIDENDS 
    * BEFORE THE INTRODUCTION OF THE AGRICULTURAL LAND MARKET IN 
UKRAINE, THE COMPANY DOES NOT PLAN TO EXPAND THE LAND BANK IN 
LARGE SCALE, AS IT WAS PLANNED EARLIER IN THE STRATEGY 2016-2020 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3gDZRka 
     
 Further company coverage:  IMC.WA   
    
 
 
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