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BRIEF-CTS to propose dividend of 0.98 EUR per share
March 23, 2017 / 10:24 AM / 6 months ago

BRIEF-CTS to propose dividend of 0.98 EUR per share

March 23 (Reuters) - CTS Eventim

* CTS eventim plans record dividend

* Management expects further growth in 2017 financial year.

* Record dividend of EUR 0.98 per share includes a basic dividend of EUR 0.50 and a special dividend of EUR 0.48

* Record dividend of EUR 0.98 per share includes a basic dividend of EUR 0.50 and a special dividend of EUR 0.48

* Group earnings grow by 6.2 percent to EUR94.6 million

* Earnings per share at EUR0.99

* Distribution of EUR94.1 million to shareholders planned

* Intention is also to maintain policy of distributing 50 percent of group consolidated net income as a basic dividend

* In past 2016 financial year, CTS group generated EUR 94.6 million in group consolidated net income

* In past 2016 financial year, CTS group saw earnings per share of EUR0.99

* Current financial year will see CTS group continuing to rigorously pursue its international growth strategy

* Based on that strategy, management expects further growth in 2017 financial year. Source text for Eikon: Further company coverage:

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