Brief: Befesa Sees Double-Digit EBITDA Growth In 2022

Befesa SA

30/03/2022 07:48

March 30 (Reuters) - Befesa SA  BFSA.DE :
    * FOR 2022, WE EXPECT DOUBLE-DIGIT EBITDA GROWTH
    * WILL DELIVER STRONG GROWTH IN OUR STEEL DUST RECYCLING
BUSINESS
IN 2022, DRIVEN BY CONTRIBUTION OF TWO PLANTS IN CHINA AS WELL
AS FULL YEAR OF OPERATIONS IN THE US
    * WILL ANNOUNCE OUR NEXT STEPS IN CHINA LATER IN 2022
    * MAINTAINS ITS DIVIDEND POLICY TO DISTRIBUTE BETWEEN 40%
AND 50%
OF ITS NET PROFIT
    * WILL PROPOSE TO AGM TO DISTRIBUTE A DIVIDEND OF 1.25 EUROS
PER
SHARE (2021: €1.17)

Source text: https://images.befesa.com/media/2022/03/Befesa-Annual-Report-2021.pdf
Further company coverage:  BFSA.DE 

 ((frankfurt.newsroom@thomsonreuters.com;))