Brief: Ackermans & Van Haaren FY Profit For The Period Up At 512.1 Million Euros

Ackermans & Van Haaren NV

28/02/2022 06:16

Feb 28 (Reuters) - ACKERMANS & VAN HAAREN  ACKB.BR :
    * REALISED A RECORD RESULT OF 407 MILLION EUROS OVER THE
FULL YEAR
2021
    * A SUBSTANTIAL INCREASE (+17%) OF THE DIVIDEND TO 2.75
EUROS PER
SHARE IS PROPOSED TO THE GENERAL MEETING OF SHAREHOLDERS
    * THE BOARD OF DIRECTORS EXPECTS THAT ACKERMANS & VAN HAAREN
WILL
IN 2022 BE ABLE TO SURPASS THE RECORD RESULT OF THE PAST YEAR
    * WITH THE SALE OF MANUCHAR, WHICH WE EXPECT TO CLOSE IN THE
SECOND QUARTER OF 2022, AVH WILL HAVE MORE THAN 200 MILLION
EUROS IN CASH AT ITS DISPOSAL
    * THE BOARD OF DIRECTORS EXPECTS THAT ACKERMANS & VAN HAAREN
WILL
IN 2022 BE ABLE TO SURPASS THE RECORD RESULT OF THE PAST YEAR
    * THE SHAREHOLDERS’ EQUITY OF AVH (GROUP SHARE) INCREASED TO
3,957.2 MILLION EUROS AS AT DECEMBER 31, 2021, WHICH, AFTER
CORRECTION FOR THE TREASURY SHARES IN PORTFOLIO, CORRESPONDS TO
119.37 EUROS PER SHARE
    * AT THE END OF 2021, AVH HAD A NET CASH POSITION OF 77.7
MILLION
EUROS, COMPARED TO 68.0 MILLION EUROS AT THE END OF 2020
    * FY PROFIT OF THE PERIOD EUR 512.1 MILLION VERSUS EUR 277.6
MILLION YEAR AGO

Source text for Eikon:  ID:nGNE3JrhlC 
Further company coverage:  ACKB.BR 

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