Brief: Afarak Proposes New Dividend Policy

Afarak SE

23/02/2024 09:52

Feb 23 (Reuters) - Afarak Group SE  AFAGR.HE :
    * H2 REVENUE EUR 58.3 MILLION VERSUS EUR 106.6 MILLION YEAR
AGO
    * BOD WILL PROPOSE NEW DIVIDEND POLICY TO ANNUAL GENERAL
MEETING
    * WE FORESEE A SLIGHTLY MORE FRIENDLY MARKET OUTLOOK, AT
LEAST FOR
Q1 2024
    * TARGET DIVIDEND PAYOUT RATIO IN RESPECT TO EACH FINANCIAL
YEAR
SHALL BE MINIMUM 10% (TEN PERCENT) OF AFARAK GROUP'S EBITDA PER
FULL YEAR
    * H2 EBITDA EUR 1.5 MILLION VERSUS EUR 29.2 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE9rvbp5 
Further company coverage:  AFAGR.HE 

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