AND realizes higher revenue in 2016
AND proposes dividend payment again
Capelle aan den IJssel, the Netherlands – 16 March 2017 – The revenues of AND International Publishers NV increased by 22% in 2016, to €7.3 million. Operating profit (excluding the one-off impairment reversal of €2.5 million recognised in 2015) increased 21% to a level of €3.5 million. Earnings per share came in at €0.75 compared with €1.36 in 2015. AND proposes to pay shareholders a dividend of €0.15 per share.
AND Chief Executive Officer Hugo van der Linde: “I am excited that in 2016 we again managed to grow revenues and achieved strong results. At the same time, we strengthened our presence in North America and continued to invest in new initiatives within the automotive sector around autonomous driving.”