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BRIEF-Comet Holding to propose a dividend of CHF 12.00

March 15 Comet Holding AG:

* Board of Directors will propose a distribution of 12.00 Swiss francs ($11.90) per share from distributable paid-in capital (2015: 11.00 francs)

* For 2017 it expects sales growth to 370 million - 390 million francs with an EBITDA margin of 13-15 percent and a further significant rise in economic profit

* In order to boost the liquidity and marketability of the stock, the Board will propose at the next Annual Shareholder Meeting to conduct a ten-for-one stock split

Source text for Eikon:

Further company coverage: ($1 = 1.0085 Swiss francs) (Gdynia Newsroom)

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