The new French Edison returns to profit after two years (2010 and 2011) closed in the red and is preparing to detach a maxi dividend for savings shares, the only ones still listed. The latter, approximately 110 million shares (of which two-thirds belong to UBS), according to Radiocor, will detach a coupon triple and totaling 15 cents.
This is because the statute imposes a minimum annual coupon of 5 cents and the recovery of dividends not collected in 2010 and 2011. Foro Buonaparte's 2012 accounts will be examined and approved by the board of directors scheduled for tomorrow. Management expects a gross operating margin between 1,1 and 1,2 billion, an estimate that should be confirmed by the final numbers, while the net result should be lower than 241 million in the nine months due to the further worsening of the gas market in the last quarter and some adjustments.
