Spie: adjusted net income up 7.4% in 2017
(CercleFinance.com) - SPIE has published 2017 adjusted net profit (Group share) of 212.
3 million euros (1.37 euros per share), up 7.4%, with an EBITA margin of 6.3%, against 6.9% in 2016 on a restated basis.
The multi-technical services group's production amounted to 6,126.9 million euros, up 24%; due to the consolidation of SAG and a contribution from bolt-on acquisitions, the group posted a 1.3% decline in organic terms.
A dividend of 0.56 euros per share, representing an increase of 5.7%, will be offered, including a balance of 0.40 euro to be paid on 31 May. For 2018, Spie expects an improvement in organic growth, with a margin of at least 6.0%, up in pro-forma terms compared to 2017.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 million euros (1.37 euros per share), up 7.4%, with an EBITA margin of 6.3%, against 6.9% in 2016 on a restated basis.
The multi-technical services group's production amounted to 6,126.9 million euros, up 24%; due to the consolidation of SAG and a contribution from bolt-on acquisitions, the group posted a 1.3% decline in organic terms.
A dividend of 0.56 euros per share, representing an increase of 5.7%, will be offered, including a balance of 0.40 euro to be paid on 31 May. For 2018, Spie expects an improvement in organic growth, with a margin of at least 6.0%, up in pro-forma terms compared to 2017.
Copyright (c) 2018 CercleFinance.com. All rights reserved.