ABC Money
Home

GDF, Suez see merger in H1 2008, 10 pct EBITDA rise in 2008, rising dividends


Published : Mon, 15 Oct 2007 06:36
By : Agencies
Print this Story

AddThis Social Bookmark Button

PARIS (Thomson Financial) - Gaz de France and Suez said they expect to complete their planned merger in the first half of 2008, after which the new company, GDF Suez, will have 'sustained profitable growth.'

EBITDA is seen rising 10 pct in 2008, and will reach 17 bln eur by 2010.

GDF Suez has targeted an average annual dividend rise of 10-15 pct through 2010, based on GDF's 2007 dividend payout.

tfn.paris@thomson.com

mjs/jlw

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Share on



Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
8376.24
-215.45 ( -2.51 %)
NASDAQ
1445.56
-46.82 ( -3.19 %)
FTSE 100
4111.51
-52.10 ( -1.25 %)

SYMBOL ( 2008-12-05 )
LAST
CHANGE
GLAXOSMITHKLINE ( 7:28am )
1223.00
+51.50 ( 4.41 %)
SHIRE ( 7:26am )
950.00
+22.00 ( 2.37 %)
NORTHERN ROCK ( 11:35am )
182.00
+19.04 ( 11.20 %)
ASTRAZENECA ( 7:28am )
2602.00
+19.00 ( 0.74 %)
CADBURY SCHWEPPES ( 7:28am )
567.00
+17.50 ( 3.18 %)

SYMBOL ( 2008-12-04 )
LAST
CHANGE
MCDONALDS ( 4:00pm )
60.84
+1.29 ( 2.18 %)
JP MORGAN CHASE CO ( 4:01pm )
31.08
+0.83 ( 2.78 %)
WAL MART STORES ( 4:02pm )
55.11
+0.73 ( 1.32 %)
HOME DEPOT INC ( 4:00pm )
23.22
+0.46 ( 2.05 %)
DUPONT ( 4:01pm )
23.69
+0.08 ( 0.36 %)

SYMBOL ( 2008-12-04 )
LAST
CHANGE
SANDERSON FARMS IN ( 4:00pm )
30.46
+4.84 ( 21.70 %)
C&F FINANCIAL CORP ( 3:48pm )
19.16
+4.55 ( 31.36 %)
DECKERS OUTDOOR CP ( 4:00pm )
62.70
+4.32 ( 7.53 %)
COPART INC ( 4:00pm )
26.91
+3.51 ( 14.73 %)
SEARS HOLDINGS CORPORATION ( 4:00pm )
41.04
+3.36 ( 9.08 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!

 Finance Explained

Money making ideas

Save money
Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.