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Jelmoli shareholders smiling

April 10, 2007 - 08:25 Zurich, Switzerland :: posted by Ellen Wallace

Innovation, Lausanne (copyright 2007 Jelmoli)  

TSR, Fre - The board of Jelmoli, a real estate and commercial stores group, is recommending that shareholders be paid SFr50 dividends per share, after 2006 results were published. The company's net profits rose nearly 10% to 180 million francs, with turnover up 4.1% to SFr1.08 billion. Jelmoli owns Innovation in Lausanne and Magasin Molard in Geneva, as well as Fust stores in the Lake Geneva region. (continue reading)

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