Plaza Centres plc Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2016; Recommends Final Dividend for 2016, Payable on June 6, 2017
For the year, on company basis, the company reported revenue of EUR 2,588,751 against EUR 2,441,154 a year ago. Operating profit before depreciation was EUR 2,138,094 against EUR 2,138,094 a year ago. Operating profit was EUR 1,796,256 against EUR 1,721,024 a year ago. Profit before tax was EUR 1,666,145 against EUR 1,592,093 a year ago. Profit for the year was EUR 1,285,926 against EUR 1,010,891 a year ago. Net cash flows from operating activities were EUR 1,327,472 against EUR 1,484,287 a year ago.
The Board of Directors recommended the payment of a final net dividend of EUR 829,650 or EUR 0.0294 per share compared to EUR 808,712 or EUR 0.0286 per share a year ago, for approval at the forthcoming Annual General Meeting to be held on 31 May 2017. The final net dividend will paid on 6 June 2017 to all shareholders on the Company's share register at close of trading on the Malta Stock Exchange on 28 April 2017.