The Board of Directors of IMS S.A. (“Company”, “Issuer”) submits the attached projected financial results of the IMS Capital Group for the financial year 2018.
The presented projections are in line with the mid-term objectives for years 2017-2019 adopted by the Board of Directors of the Company on 23 May 2016 and communicated by the Company to the public with current report ESPI 27/2016.
At the same time, the Issuer informs that he will adjust the projections if any of the projected parameters differs from the generated results by at least +/- 10%. The upward or downward adjustment of the pace of acquisition of new subscription locations and net profitability presented in ESPI 27/2016 report will occur only if it resulted in at least +/- 10% change in the revenue and profits of the IMS Group presented above.
The Company will assess the feasibility of pursuing projected parameters and it will make adjustments of the presented projections in quarterly cycles, if necessary.
Moreover, the Board maintains the implementation of the dividend policy assuming annual payment of dividend in the amount of at least 60% of the generated net profit attributable to shareholders of the parent company.