Sapporo Holdings Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2016; Provides Dividend Guidance for the Year Ending December 31, 2016
The company provided consolidated earnings guidance for the year ending December 31, 2016. For the year, the company expects net sales of JPY 565.4 billion, operating of JPY 21.1 billion, ordinary income of JPY 20.2 billion, income before income taxes of JPY 20.2 billion, net income attributable to owners of the parent of JPY 10.5 billion, cash flow from operating activities of JPY 37.1 billion, EBITDA of JPY 49 billion, capital expenditure (cash basis) of JPY 19.5 billion, ROE after goodwill amortization of 6.5%, EPS after goodwill amortization of JPY 26.95.
The company provided dividend guidance for the year ending December 31, 2016. For the year, the company expects to pay year end dividend of JPY 7.00 per share with a full year dividend of JPY 7.00 per share.