Brief: Verbio Proposes Dividend Of Eur 0.20 Per Share

Verbio SE

26/09/2024 07:06

Sept 26 (Reuters) - VERBIO SE  VBKG.DE :
    * ACHIEVES FORECAST EARNINGS IN FY 2023/24 AND MARKS
IMPORTANT
MILESTONES
    * PROPOSED DIVIDEND OF EUR 0.20 PER SHARE
    * FY OPERATING CASH FLOWS INCREASED SIGNIFICANTLY TO EUR
116.8
MILLION (2022/23: EUR 26.1 MILLION)
    * IN Q4 OF FINANCIAL YEAR 2023/24 VERBIO GENERATED REVENUES
OF EUR
339.9 MILLION (Q4 2022/23: EUR 447.0 MILLION)
    * EXPECTS TO ACHIEVE AN EBITDA FOR FINANCIAL YEAR 2024/25 IN
RANGE
BETWEEN EUR 120 MILLION AND EUR 160 MILLION
    * Q4 2023/24 REVENUES AT EUR 339.9 MILLION
    * Q4 EBITDA OF EUR 39.5 MILLION (Q4 2022/23: EUR 26.8
MILLION)
    * CORRECTION IN REVENUES AND COST OF MATERIALS (WITH NO
EFFECT ON
EBITDA) OF EUR 73.7 MILLION AND EUR 71.8 MILLION RESPECTIVELY
FOR NINE-MONTH PERIOD 2023/24
    * OUTLOOK 2024/2025 REMAINING FINANCIAL RESOURCES WILL BE
RETAINED
AND TARGETED FOR USE IN FUNDING INVESTMENTS PLANNED
    * EQUITY RATIO WAS 67.4 PERCENT (JUNE 30, 2023: 70.3
PERCENT)
    * NET FINANCIAL DEBT OF EUR 32.9 MILLION WAS HIGHER THAN IN
PREVIOUS YEAR (JUNE 30, 2023: NET FINANCIAL ASSETS OF EUR 57.4
MILLION)

Source text for Eikon:  ID:nEQbKM2nVa 
Further company coverage:  VBKG.DE 

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