2023-11-20 21:09:03
FRANKFURT (dpa-AFX) – Deutsche Beteiligungs AG plans to pay fewer dividends than stock analysts expected for the 2022/23 financial year. For the financial year ending at the end of September, the distribution per share should certainly be increased by 20 euro cents compared to the previous year, to reach one euro, the SDax-listed company announced on Monday evening in Frankfurt. general surprise. However, this is less than what experts had predicted so far. According to company data, the average estimate was 1.26 euros.
The company has, however, announced that it will pay at least one euro per share in direct profit sharing in the future. In recent years, the distribution had fluctuated greatly. For 2021/22, the dividend amounted to only 80 cents, compared to 1.60 euros the previous year. On the other hand, for 2019/20 it was again only 80 cents. “In addition, the possibility of repurchasing shares will be considered more regularly in the future.”
On Monday evening, the company also communicated the key figures for the previous financial year. It appears that the group’s result amounted to around 106 million euros, which corresponds to the upper half of the forecast range of 85 to 115 million euros, as announced this summer. In 2021/22, the group had suffered a loss. The net asset value as of September 30 amounted to approximately 669 million euros (compared to 574 the previous year). This figure is therefore also in the upper half of the forecast range, as previously announced./zb/ajx
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