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Basic Data
Dividend Policy
The Company intends to pay an annual dividend in the ordinary course of business of 30% to 50% of its group profit for the prior financial year calculated in accordance with IFRS. The Company aims to have a sustainable dividend policy that focuses on dividend continuity. However, the Company can provide no assurance that it will pay dividends in 2022 or in future years. The Company’s ability to pay dividends will depend on its financial position, its results of operations, capital requirements, contractual restrictions, investment alternatives and other factors that the Company’s management board and supervisory board may deem relevant, including the Company’s leverage ratio. Any proposals by the management board and supervisory board regarding dividend payments will be subject to the approval of the general meeting of shareholders.
Analysts
Institution | Analyst |
Citi | Avinash Mundhra (avinash.mundhra@citi.com) |
Exane BNP Paribas | Laurent Gelebart (laurent.gelebart@exanebnpparibas.com) |
J.P Morgan | Oscar Val Mas (oscar.valmas@jpmorgan.com) |
BofA Securities | Simona Sarli (simona.sarli@bofa.com) |
Goldman Sachs Intl. | Suhasini Varasani (suhasini.varasani@gs.com) |
UBS | Nicole Manion (nicole.manion@ubs.com) |
OddoBHF | Hela Zarrouk (hela.zarrouk@oddo-bhf.com) |
Berenberg | Wolfgang Specht (wolfgang.specht@berenberg.com) |