Slovenian fuel retailer Petrol to raise dividend by 12.5 pct

Petrol dd Ljubljana

11/03/2019 13:55

LJUBLJANA, March 11 (Reuters) - Slovenia's largest fuel
retailer Petrol  PETG.LJ  plans to raise its dividend to 18
euros ($20.24) per share for 2018 from 16 euros for 2017, the
company said on Monday.
    It added the size of the dividend had to be confirmed at a
shareholders' meeting on April 18.
    The raise follows Friday's report that the company had
increased 2018 group net profit by 13 percent on higher sales.
 urn:newsml:reuters.com:*:nL5N20U6AK
    
    ($1 = 0.8895 euros)

 (Reporting by Marja Novak
Editing by Edmund Blair)
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805, Reuters
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