Brief: Sofina End-FY Net Cash Position At EUR 233 Mln

Sofina SA

30/03/2023 17:54

March 30 (Reuters) - Sofina SA  SOF.BR :
    * PROPOSED GROSS DIVIDEND OF EUR 3.24 PER SHARE (+ EUR
0.11/SHARE
VERSUS MAY 2022)
    * SOLID BALANCE SHEET STRUCTURE, WITH A NET CASH POSITION OF
EUR
233 M, AND AVAILABLE  FINANCING OF CIRCA EUR 1.9 BN, INCLUDING
EUR 925 M OF UNDRAWN CONFIRMED CREDIT LINES
    * STRONG LIQUIDITY GENERATION OF EUR 1.2 BN DESPITE
DIFFICULT
MARKET CONDITIONS
    * SOFINA ALSO PROPOSES THE APPOINTMENT OF THREE NEW
DIRECTORS: MR.
LESLIE TEO AND MR. RAJEEV  VASUDEVA AS INDEPENDENT DIRECTORS,
AND MR. FELIX GOBLET D’ALVIELLA AS DIRECTOR FOR A DURATION OF 
THREE YEARS

Source text: [ID: https://bit.ly/3G3WgIH]
Further company coverage:  SOF.BR 

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