Last year, Portuguese glass and crystal tableware group Atlantis invested over Esc 1.7 billion in modernizing its plant and expanding its chain of shops. Turnover was Esc 9.2 billion in 1999, 20% high…
Last year, Portuguese glass and crystal tableware group Atlantis invested over Esc 1.7 billion in modernizing its plant and expanding its chain of shops. Turnover was Esc 9.2 billion in 1999, 20% higher than in 1998. Crystal sales were up 14%, while glass sales were up 25%. Atlantis“ exports were up 15%, helped by a recovery in the European markets in the second half of the year. Atlantis is to propose a dividend of Esc 50 a share, paying out a total of Esc 250 million. This equals 49% of the profit giving a dividend yield of 3.13% at the current share price.