Brief: ABC Arbitrage FY Net Income Up At EUR 29.2 Mln

ABC Arbitrage SA

21/03/2023 06:20

March 21 (Reuters) - ABC Arbitrage SA  BITI.PA :
    * ABC ARBITRAGE: RESULTS 2022
    * NET INCOME FY22 OF EUR 29.2 MILLION VERSUS EUR 28 MILLION
YEAR
AGO
    * FY NET REVENUES EUR 61.2 MILLION VERSUS EUR 64.1 MILLION
YEAR
AGO
    * INTERIM DIVIDEND OF EUR 0.10 PER SHARE FOR PAYMENT ON
APRIL 20
    * PROPOSITION AT GENERAL MEETING OF JUNE 9, 2023 OF A FINAL
DIVIDEND OF EUR 0.11 PER SHARE
    * OUTLOOK: GROUP PRESENTS ITS NEW STRATEGIC PLAN SPRINGBOARD
2025
FOR 3 YEARS TO COME
    * OUTLOOK: GENERATE CUMULATIVE NET INCOME OVER 3 YEARS OF
MORE
THAN EUR 100M WITH AN ANNUAL ROE ABOVE 15%
    * OUTLOOK: MAINTAIN PAYOUT RATIO OF APPROX. 80%, A POTENTIAL
CUMULATIVE DISTRIBUTION OF MORE THAN EUR 1.3 PER SHARE OVER 3
YEARS
    * OUTLOOK: DEVELOP INVESTMENT MANAGEMENT CAPACITY FOR 1
BILLION
EUROS OF AUM, WITH EUR 800 M FROM EXTERNAL CLIENTS OF GROUP
    * OUTLOOK: TO REACH ALMOST 140 EMPLOYEES IN 2025

Source text for Eikon:  ID:nGNE6dKKTG 
Further company coverage:  BITI.PA 

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