Brief: Meier Tobler Group To Suspend Dividend Payout For Two Years

Meier Tobler AG

10/07/2018 05:58

July 10 (Reuters) - MEIER TOBLER GROUP AG  METG.S :
    * H1 SALES WERE FOUR PERCENT BELOW THE PRO FORMA VALUE OF
THE
PREVIOUS YEAR
    * OUTLOOK 2018: EXPECTS A SLIGHT DECLINE IN SALES AND MORE
THAN
CHF 30 MILLION EBITDA
    * TO IMPLEMENT REDUCTION OF THE DIVIDEND
    * BOARD OF DIRECTORS INTENDS TO SUSPEND DISTRIBUTION FOR THE
FINANCIAL YEARS 2018 AND 2019 IN FULL

Source text for Eikon:  ID:nNDL3h9Vl6 
Further company coverage:  METG.S 

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