EQS-Adhoc: EVN AG: The management board proposes the distribution of a special dividend for the 2022/23 financial year and specifies expected Group net result for 2022/23
EQS-Ad-hoc: EVN AG / Key word(s): Dividend/Change in Forecast
EVN AG: The management board proposes the distribution of a special
dividend for the 2022/23 financial year and specifies expected Group net
result for 2022/23
15-May-2023 / 18:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
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In the course of preparing the semi-annual report for the financial year
2022/23, the management board has today decided to propose to the 95th
annual general meeting of EVN AG scheduled for 1 February 2024 a special
dividend of EUR 0.62 per share in addition to the ordinary dividend for
the financial year 2022/23. The ordinary dividend is expected to amount to
at least EUR 0.52 per share.
Based on the currently available information for the first half of the
financial year 2022/23 and the expected business development, the company
also announces that the contribution of the operating activities of EVN to
Group net result in the financial year 2022/23 are expected to be at the
upper end of the previously communicated range at around EUR 250 million.
In addition, the earnings contribution from the investment in Verbund AG
in the amount of EUR 158 million will contribute to the Group net result
in 2022/23.
The aforementioned dividend proposal takes into account an increase in
EVN’s investment level from EUR 500 million to EUR 600 million for the
current financial year and subsequent years. The focal points of
investment are on network infrastructure, renewable generation and
drinking water supply.
The distribution of a dividend remains subject to the approval of the
supervisory board at its meeting convened to approve the financial
statements as well as the approval of the shareholders of EVN AG at the
2024 annual general meeting.
Contact:
Gerald Reidinger
Head of Controlling and Investor Relations
Phone: +43 2236 200-12698
E-mail: investor.relations@evn.at
Stefan Zach
Head of Information and Communication
Phone: +43 2236 200-12294
E-mail: stefan.zach@evn.at
End of Inside Information
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15-May-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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Language: English
Company: EVN AG
EVN Platz
2344 Maria Enzersdorf
Austria
Phone: +43-2236-200-12294
E-mail: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1633529
End of Announcement EQS News Service
1633529 15-May-2023 CET/CEST
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