ContourGlobal Reports Higher Net Income in 2019 and Declares Larger Dividend



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(Reuters) – The ContourGlobal Plc genset said Friday expecting an increase in its core earnings in 2019 and has declared a higher dividend than expected for the 2018 fiscal year.

The company said it expects adjusted earnings before interest, taxes, depreciation and amortization for 2019 of between $ 720 million ($ 780 million), after a 19 percent rise in earnings to $ 610 million. millions of dollars in 2018.

Report by Justin George Varghese to Bengaluru; Edited by Arun Koyyur

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