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| Maire Tecnimont reports fiscal year results The Shareholders' Annual General Meeting of Italian engineering company Maire Tecnimont approved the Annual Report for the fiscal year ending on 31 December 2010, together with the relative documentation. The Consolidated Financial Statements reported a Net Income (after minorities) of € 62 million, while the Parent Company Maire Tecnimont S.p.A. reported a Net Income of €17.5 million. On the basis of these results, the Annual General Meeting approved the distribution of the Net Income and reserves as dividends for a total amount equal to €18.7 million, or €0.058 per share, thereby confirming a pay-out ratio policy of 30% of Consolidated Net Income. Dividend coupons will be clipped on 16 May and become payable from 19 May 2011. write your comments about the article :: © 2011 Construction News :: home page |