April 12 (SeeNews) - Slovenian energy company Petrol [LJE:PETG] said on Thursday Standard & Poor's has affirmed its BBB- long-term and A-3 short-term credit rating.
S&P also affirmed the ratings outlook at stable, Petrol said in a short filing with the Ljubljana Stock Exchange.
In March 2017, S&P affirmed the 'BBB-/A-3' long- and short-term corporate credit ratings with a stable outlook. The ratings were assigned in June 2014 and have remained unchanged since then.
Last month, Petrol said it will distribute a gross dividend of 16.0 euro ($19.8) per share for 2017, up from 14.0 euro it paid for 2016. The company's consolidated net profit increased 12% year-on-year in 2017, reaching 81.1 million euro.
Petrol's share price rose by 0.28% to 352 euro as at 09:39 CET on Thursday, while the SBITOP blue-chip index of the Ljubljana Stock Exchange was up 0.30% by the same time.
($ = 0.808633 euro)
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