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AZM — Azimut Holding News Story

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Brief: Azimut Q3 Group Net Profit EUR 146.5 Mln

Nov 6 (Reuters) - Azimut Holding SpA AZMT.MI:

Q3 GROUP NET PROFIT EUR 146.5 MILLION

Q3 TOTAL REVENUE EUR 367.8 MILLION

Q3 OPERATING PROFIT EUR 180.4 MILLION

CORE GROUP NET PROFIT, EXCLUDING THE TNB TRANSACTION IMPACT, IS PROJECTED TO EXCEED € 500 MILLION IN 2025

GROUP NET PROFIT FOR 2026 IS ESTIMATED ABOVE € 1 BILLION

BOARD EXPECTS TO PROPOSE TO 2026 SHAREHOLDERS’ MEETING ENHANCED DIVIDEND POLICY FOR FY 2025, ABOVE LAST YEAR’S € 1.75 PER SHARE WITH A 61% PAYOUT RATIO ON RECURRING NET PROFIT

REAFFIRMS ITS 2025 NET INFLOWS TARGET OF € 28-31 BILLION

Further company coverage: AZMT.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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