The group has raised its full-year outlook and dividend payment prior to its full-year 2016/2017 publication in December. EVN expects net income to be €250m (up 25% from the previous level) driven mainly by positive balance sheet effects (hedging and provisions) and higher distribution and energy sales volumes. As a result, the group will propose a dividend of €0.44/share and a one-time bonus dividend of €0.03/share.
09 Nov 2017
Full-year guidance and dividend raised
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Full-year guidance and dividend raised
EVN AG (EVN:WBO) | 0 0 1.6% | Mkt Cap: 2,928m
- Published:
09 Nov 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
2
The group has raised its full-year outlook and dividend payment prior to its full-year 2016/2017 publication in December. EVN expects net income to be €250m (up 25% from the previous level) driven mainly by positive balance sheet effects (hedging and provisions) and higher distribution and energy sales volumes. As a result, the group will propose a dividend of €0.44/share and a one-time bonus dividend of €0.03/share.