24 Aprilie 2009
Alumil expects annual profit to sink 20pc
Alumil Rom Industry, the local subsidiary of the Greek-based aluminum extrusion group (BSE: ALU) expects an annual profit of 7.67 mln lei (1.8 mln euros), 20% lower than a year earlier, reads a press release remitted to the Bucharest Stock Exchange.
In 2008, Alumil booked a net income of 9.56 mln lei (3 mln euros).
The company recorded a turnover of 92.02 mln lei and operating profit of 9.75 mln lei.
As of June 15, Alumil will start distributing dividends of 0.29/share gross.
The company is specialized in manufacturing industrial and aluminum components and has a common capital of 6.25 mln lei, divided into 31.25 mln shares at a nominal value 0.20 lei.
The majority shareholder of Alumil is the industrial group Alumil Mylonas with a 55.90% holding, while Michail Sotiriu controls 23.95% stake.
The company recorded a turnover of 92.02 mln lei and operating profit of 9.75 mln lei.
As of June 15, Alumil will start distributing dividends of 0.29/share gross.
The company is specialized in manufacturing industrial and aluminum components and has a common capital of 6.25 mln lei, divided into 31.25 mln shares at a nominal value 0.20 lei.
The majority shareholder of Alumil is the industrial group Alumil Mylonas with a 55.90% holding, while Michail Sotiriu controls 23.95% stake.