Brief: Adesso To Propose Dividend Of EUR 0.70 Per Share For FY 2023

adesso SE

25/03/2024 06:35

March 25 (Reuters) - ADESSO SE  ADNGk.DE :
    * ADESSO INCREASES REVENUE BY 26 % TO EUR 1.14 BILLION /
SHARP
INCREASE IN PERSONNEL, FIXED-PRICE PROJECTS AND LOWER LICENCE
INCOME WEIGH DOWN EBITDA IN 2023 / OPERATING EARNINGS SET TO
RISE AGAIN
    * OPERATING EARNINGS SET TO RISE AGAIN IN 2024
    * ON THIS BASIS, EXECUTIVE BOARD IS CONTINUING DISTRIBUTION
POLICY
OF RECENT YEARS UNCHANGED AND HAS PROPOSED TO INCREASE DIVIDEND
TO EUR 0.70 (PREVIOUS YEAR: EUR 0.65) PER SHARE FOR FINANCIAL
YEAR 2023
    * DEPRECIATION AND AMORTISATION INCREASED BY 29 % IN
REPORTING
PERIOD TO EUR 57.7 MILLION.
    * OUTLOOK 2024: SALES TO MORE THAN EUR 1.25 BILLION AND
EBITDA TO
BETWEEN EUR 110 MILLION AND EUR 130 MILLION
    * FY PERSONNEL COSTS ALSO ROSE BY 32 % ON BACK OF INFLATION
TO
STAND AT EUR 773.2 MILLION

Source text for Eikon:  ID:nEQ2k0bXRa 
Further company coverage:  ADNGk.DE 

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