Caesarstone Sdot-Yam (CSTE) Declares $0.29 Special Dividend; Adopts Dividend Policy
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Go back to Caesarstone Sdot-Yam (CSTE) Declares $0.29 Special Dividend; Adopts Dividend Policy
February 7, 2018 6:30 AM EST
Q4 record revenue, up 9.8% to $148.1 million; up 7.0% on a constant
currency basis
$17 million legal settlement and loss contingency expenses, mainly
related to arbitration result drives Q4 controlling interest net loss
of $6.4 million
Diluted and basic loss per share of $0.19; adjusted diluted EPS of
$0.22
FY17 revenue up 9.2% to record $588.1 million; up 7.4% on a
constant currency basis
FY17 Diluted EPS of $0.73; adjusted diluted EPS of $1.45
Provides 2018 guidance for revenues and adjusted EBITDA... More
February 7, 2018 6:29 AM EST
MP MENASHE, Israel--(BUSINESS WIRE)--
Caesarstone Ltd. (NASDAQ: CSTE), a manufacturer of high quality
engineered quartz surfaces, today announced the appointment of Mr. Ophir
Yakovian as the Companys new Chief Financial Officer. Mr. Yakovian is
expected to join Caesarstone in April 2018.
Raanan Zilberman, Chief Executive Officer, commented, We are delighted
to welcome Ophir Yakovian, an experienced finance executive, as the
Companys Chief Financial Officer. We believe that Mr. Yakovians track
record with industrial and publicly-traded companies makes him a natural
fit for our business and Company culture, a strong leader to... More
