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BRIEF-Fromageries Bel FY net income group share up at 213 mln euros
March 9, 2017 / 5:15 PM / 9 months ago

BRIEF-Fromageries Bel FY net income group share up at 213 mln euros

March 9 (Reuters) - Fromageries Bel SA:

* FY net income group share 213 million euros ($225.4 million) versus 184 million euros year ago

* FY sales 2.94 billion euros versus 2.95 billion euros year ago

* FY operating income 298 million euros versus 272 million euros year ago

* Board of Directors voted to propose a dividend of 9.75 euros per share, with an ex-dividend date on May 17 and payable as of May 19, 2017

* New hike in dairy raw material prices announced at end of 2016 is expected to weigh on operating margin in 2017 Source text for Eikon: Further company coverage: ($1 = 0.9450 euros) (Gdynia Newsroom)

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