Publication of the company's new base case business plan for the 5 year period 2008-2012 Euro 800 million for investment in acquisitions and growth.
The new VIVARTIA base case business plan for the five year period 2008-2012 was made public today. Amongst other items the new business plan also includes euro 800 million for investment in acquisitions and growth.
According to key growth indicator estimates (guidance) over the 2008-2012 period the company is expected to achieve average annual growth in turnover of 20.8%, EBITDA 23.8% and earnings per share 24.9%. Return on equity (ROE) is expected to rise gradually to reach 19.6% by 2012.
Following publication of the aforementioned information VIVARTIA expects the suspension of trading in its share to be lifted to allow the pre-announced private placement to ensue.