Brief: Roularta Media Group Says Indications For H1 Are Below Expectations

Roularta Media NV

09/07/2018 17:05

July 9 (Reuters) - ROULARTA MEDIA GROUP NV  RLRT.BR :
    * WILL PAY OUT AN INTERIM DIVIDEND OF € 5 GROSS PER SHARE
    * DIVIDEND FOLLOWS CAPITAL GAIN THAT AROSE FROM THE SALE OF
THE
50% STAKE IN MEDIALAAN
    * WISHES TO ANNOUNCE THAT INITIAL INDICATIONS FOR FIRST SIX
MONTHS
OF 2018 ARE SOMEWHAT BELOW EXPECTATIONS
    * IN H1 IN TERMS OF ADVERTISING, WE HAVE SEEN A DROP OF 5 TO
10%
YEAR-ON-YEAR
    * NEW PRINT ORDERS WILL START DURING 2019
    * TURNOVER OF THE PRINTING BUSINESS IS CURRENTLY SLIGHTLY
DOWN ON
THE PREVIOUS YEAR.
    * EXPECTS ACQUISITION OF THE SANOMA BRANDS WILL MAKE AN
IMMEDIATE
CONTRIBUTION TO THE GROUP’S EBITDA IN H2 2018,

Source text: https://bit.ly/2KS1xb1
Further company coverage:  RLRT.BR 

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