Pargesa Holding SA Reports Earnings Results for the Fourth Quarter and Twelve Months Ended December 31, 2017; Proposes Dividend for the Year 2017, Payable on May 15, 2018
For the twelve months, net earnings were CHF 382 million, compared with a net loss of CHF 32 million in 2016. Adjusted net earnings were CHF 384 million, compared with CHF 321 million in 2016.
At its annual meeting to be held on May 3, 2018, the board of directors of the company will propose a 2017 dividend of CHF 2.50 per bearer share, an increase of 2.5% over the previous year, to be paid on May 15, 2018.