Analyst Research Report Snapshot


Results Note – Lafarge (REDUCE, maintain) - Declared 90% dividend payout in FY12




Affin Hwang Investment Bank Bhd


20 Feb 2013





Companies referenced:


Available for Immediate Download

FY12 - below expectation on higher rebate LMC’s FY12 core net profit of RM349m (+9.8% yoy) accounted for 88% of Affin’s and 92% of consensus full year estimates. For us, the deviation was due to lower domestic average price compared to our assumption. LMC declared a final DPS (single tier) of 13 sen, taking full year dividend to 37 sen which translates into a decent yield of 4.0% (90% payout) (FY11:34 sen).

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.