Having released its traffic numbers a few weeks ago, the group released full-year results which were broadly in line with estimates. Results Group revenue was up 4%, at €1,023m, in line with the 24 January trading update. EBITDA reached €514m, 2% below consensus and 2% above our forecasts, while net income came in at €200m, €60m better than consensus and €12m below AV’s forecast. The board proposed a €0.26 dividend, up 18% yoy (AV €0.26). At 31 Decembe
01 Mar 2017
FY16 results in line; comforting guidance
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FY16 results in line; comforting guidance
Getlink SE (GET:WBO) | 0 0 1.0% | Mkt Cap: 5,970m
- Published:
01 Mar 2017 -
Author:
Edouard Enault -
Pages:
3
Having released its traffic numbers a few weeks ago, the group released full-year results which were broadly in line with estimates. Results Group revenue was up 4%, at €1,023m, in line with the 24 January trading update. EBITDA reached €514m, 2% below consensus and 2% above our forecasts, while net income came in at €200m, €60m better than consensus and €12m below AV’s forecast. The board proposed a €0.26 dividend, up 18% yoy (AV €0.26). At 31 Decembe