Brief: Gabriel Holding FY EBIT From Continuing Operations At DKK 55.3 Million

Gabriel Holding A/S

15/11/2018 10:31

Nov 15 (Reuters) - Gabriel Holding A/S  GABR.CO :
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF DKK 9.50 PER DKK
20
SHARE
    * GLOBAL MARKET FOR CONTRACT FURNITURE IS EXPECTED TO
INCREASE
SLIGHTLY IN 2018/19
    * RECOMMENDS TO PAY A DIVIDEND OF DKK 9.50 PER DKK 20 SHARE
    * FY REVENUE INCREASED TO DKK 598.7 MILLION (DKK 492.8
MILLION)
    * FY EBIT FROM CONTINUING OPERATIONS WAS DKK 55.3 MILLION
(DKK
45.9 MILLION), AN INCREASE OF 20%
    * FY OPERATING PROFIT (EBIT) FROM CONTINUING OPERATIONS WAS
DKK
55.3 MILLION (DKK 45.9 MILLION), AN INCREASE OF 20%
    * ADJUSTED  EXPECTATIONS UPWARD, TO GROWTH IN REVENUE AND
PROFIT
BEFORE TAX OF AROUND 20%.
    * GLOBAL MARKET FOR CONTRACT FURNITURE IS EXPECTED TO
INCREASE
SLIGHTLY IN 2018/19
    * EXPECTS REVENUE AND EARNINGS GROWTH OF ORDER OF 10-20%

Source text for Eikon:  ID:nGNE43XWxz 
Further company coverage:  GABR.CO 

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