PARIS LA DÉFENSE--(BUSINESS WIRE)--Regulatory News:
- Dividend of €1.50 per share maintained
The Vicat group (Paris:VCT) (Euronext Paris: FR0000031775 – VCT) is announcing that the Group’s Annual Combined General Meeting took place April 18, 2017.
The resolutions presented to the Annual Combined General Meeting were adopted, including the proposal to keep the dividend unchanged at €1.50 per share, in line with the Board of Directors’ recommendation.
Vicat will pursue its strategy by progressively reaping the benefits of its investments over the last few years, using its strong market positions to maximise cash flow and continue reducing debt.
For a detailed report on the 2017 Annual Combined General Meeting, go to www.vicat.fr.
Next publication: May 2, 2017, First-quarter 2017 sales.
The Vicat Group has over 8,000 employees working in three core
divisions, Cement, Concrete & Aggregates and Other Products & Services,
which generated consolidated sales of €2,454 million in 2016. The
Group operates in eleven countries: France, Switzerland, Italy,
the United States, Turkey, Egypt, Senegal, Mali, Mauritania, Kazakhstan
and India. Almost 68% of its sales are generated outside France.
The Vicat Group is the heir to an industrial tradition dating back to 1817, when Louis Vicat invented artificial cement. Founded in 1853, the Vicat Group now operates three core lines of business: Cement, Ready-Mixed Concrete and Aggregates, as well as related activities.
6 PLACE DE L’IRIS
F-92095 PARIS - LA DÉFENSE CEDEX
TEL.: +33 (0)1 58 86 86 86
FAX: +33 (0)1 58 86 87 88
A FRENCH REGISTERED COMPANY WITH SHARE CAPITAL OF €179,600,000
EEC IDENTIFICATION: FR 92 - 057 505 539