Noratis (NUVA); preliminary FY18 EBIT increases from €15.2m to €15.6m

Published on 03-04-2019 08:20:00
Author Sparks Team

Noratis released yesterday its preliminary FY18 figures, posting an increase in EBIT from €15.2m in FY17 to €15.6m. EBT amounted to €12.8m (FY17: €12.2m) and net income rose to €9.3m (€8.6m). The company will propose a dividend of €1.30 per share, in line with Noratis’ policy to pay out 50% of its net income.

In the period, Noratis reached its goal to expand the company’s real estate portfolio, whose value is at €176m, compared with last year’s €99.2m. For 2019, Noratis expects its EBIT and EBT will stand at similar levels as in FY18 and FY17. Noratis will publish its final FY18 results on 30 April 2019.

Share this with friends and colleagues

Company list