The board of directors of Spanish building materials producer Uralita agreed on 29 March 2007 to distribute all of its EUR 47.4 million net profit from 2006 as dividend. The company informed the stock…
The board of directors of Spanish building materials producer Uralita agreed on 29 March 2007 to distribute all of its EUR 47.4 million net profit from 2006 as dividend. The company informed the stock market regulatory body that it would pay a dividend of EUR 0.24 per share. Payment is scheduled for 2 July 2007, subject to approval at the annual general meeting. The Uralita board also approved a EUR 90 million investment to set up a glass wool insulation plant in the Ukraine with an annual capacity of 45,000 tonnes.