Brief: Van de Velde H1 net profit more than quadruples to 22.0 mln euros

Van de Velde NV

28/08/2015 17:13

Aug 28 (Reuters) - Van de Velde NV  VELD.BR : 
    * H1 REBITDA increased by 6.3 pct, from 34.2 million euros ($38.2 million) to 36.4 million 
euros 
    * H1 net profit 22.0 million euros versus 5.0 million euros year ago 
    * Expects a rise in wholesale over the whole year 2015 
    * Expects a rise in REBITDA for 2015 on a comparable basis 
    * On an annual basis, this REBITDA rise will in terms of percentage be lower than the 11 pct 
reported at half-year 
    * Board of directors decides to distribute an interim dividend of 1.35 euros per share in 
autumn 2015 
 
     
Source text: http://bit.ly/1LAePAw 
Further company coverage:  VELD.BR  
 
($1 = 0.8943 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))