Brief: Vetropack Holding FY Profit Up At CHF 57.0 Million

Vetropack Holding SA

20/03/2018 06:12

March 20 (Reuters) - VETROPACK HOLDING SA  VET.S :
    * FY NET SALES: CHF 631.5 MILLION (2016: CHF 601.7 MILLION)
    * FY EBIT: CHF 64.1 MILLION (2016: CHF 49.3 MILLION)
    * FY CONSOLIDATED PROFIT: CHF 57.0 MILLION (2016: CHF 42.6
MILLION)
    * 2018 CONSOLIDATED PROFIT, LOOKS SET TO COME IN BELOW LAST
YEAR'S
LEVEL
    * LOOKS SET TO BE ABLE TO UTILISE ALL ITS CAPACITY TO FULL
AND
INCREASE SLIGHTLY ITS NET SALES IN 2018
    * ANTICIPATING 2018OPERATING RESULT ON PAR WITH LAST YEAR
DUE TO
HIGHER EXPENSES INCURRED ON TWO FURNACE PROJECTS
    * GROSS DIVIDEND OF CHF 45.00 (2016: CHF 38.50) PER BEARER
SHARE
AND CHF 9.00 (2016: CHF 7.70) PER REG SHARE

Source text for Eikon:  ID:nNDL1y42f7 
Further company coverage:  VET.S 

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