Brief: Cbrain Proposes To Raise Dividends To DKK 0.64 Per Share

cBrain A/S

20/02/2025 08:02

Feb 20 (Reuters) - Cbrain A/S  CBRAIN.CO :
    * INTENDS TO TAKE LEAD IN COTS FOR GOVERNMENT INDUSTRY
    * PROPOSES TO RAISE DIVIDENDS TO DKK 0.64 PER SHARE (2023:
DKK
0.28 PER SHARE) CORRESPONDING TO A PAYOUT RATIO OF APPROX. 20%
OF PROFIT FOR YEAR
    * DOES NOT HAVE A SHARE BUYBACK PROGRAM
    * AS A RESULT OF STRATEGY PROCESS, CBRAIN EXPECTS TO
IMPLEMENT A
NUMBER OF CHANGES TO GROWTH PLAN DURING SPRING OF 2025
    * FORECASTS EXPECTED REVENUE GROWTH IN 2025 OF 10-15% AND
EARNINGS
BEFORE TAX (EBT) OF 18-23%.
    * REVENUE GREW BY +12% TO DKK 268M IN 2024, UP FROM DKK 239M
IN
2023
    * EARNINGS BEFORE TAX (EBT) GREW TO DKK 86M IN 2024, UP FROM
DKK
81M IN 2023

Source text:  ID:nGNE2nwPpv 
Further company coverage:  CBRAIN.CO 

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