Full-year sales were €57.6 billion, down 18% compared to 2015, with EBIT before special items of €6.3 billion.
Declared a quarterly cash dividend of 6.25 cents per share on Xerox common stock.
Will create greater market liquiditym wider distribution of shares among a broader investor base.
First quarter net revenue of $12.7 billion is up 4% from prior year, with net cash of $0.8 billion,
Net sales of $417.2 million compared to $479.0 million, Q4 2016 compared to Q4 2015
Net sales for 2016, were $4.3 billion, a 5.8% decrease from 2015, with free cash flow of $246 million.
Net sales grew to €2,865 million for 2016, with adjusted EBIT improving to €268 million.
The company completed two strategic acquisitions during the quarter and continues to pursue other opportunities.
Statutory profit for the half-year was $286.6 million.
Declared a regular quarterly cash dividend of $0.44 per share.
Manroland Sheetfed, acquired five years ago, has now returned the group’s initial investment in full.
Net sales for 2016 were $4.78 billion, down 3.7% from $4.96 billion in 2015.
For the year ended Dec. 31, 2016, reported EPS from continuing operations were $2.74 compared to $2.32 per share last year.
Approved a 3.4% increase in the quarterly cash dividend, increasing it to 30 cents per share.
Operating result (EBITDA) improves to €49 million.
EBITDA of €1,236 million is a new record for the group.
Full-year net sales increased to $4,298.1 million versus $4,160.2 million in the prior year.
Operating EBITDA was a record for any December quarter in the company’s history at $277 million.
Cash from operations $930 million; adjusted free cash flow $479 million.
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