Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Drillisch Plans to Raise Dividend 40 Percent After Profit Rises

Don't Miss Out —
Follow us on:

March 1 (Bloomberg) -- Drillisch AG, a German provider of low-cost phone services, proposed to raise its dividend for last year by 40 percent after 2011 profit increased.

The company plans to pay 0.70 euro per share to its stockholders, Maintal, Germany-based Drillisch said in a statement today. Earnings before interest, taxes, depreciation and amortization, or Ebitda, advanced to 51.4 million euros in 2011 from 46.1 million euros a year earlier.

Drillisch forecasts Ebitda “adjusted for special factors,” which rose to 52.6 million euros in 2011, to increase to 58 million euros this year, the company said.

To contact the reporter on this story: Niklas Magnusson in Hamburg at Nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.