This reflects the improved cashflow profile along the direction of the year

This reflects the improved cashflow profile along the direction of the year

This is why, the entire year-prevent power ratio of dos. Even after bonus money from as a whole to three hundred mil during the last few years, the new group’s net personal debt dropped by nearly 700 mil, hence for the a difficult macroeconomic ecosystem with assorted drama. And get, the modified EBITDA possess , you will find been able to keep our financial control ratio more otherwise shorter stable. It shows it was and it will enter the latest coming our very own consideration to put the company on the a strong long-title economic base.

Just regarding a web obligations in addition to off a leverage angle. The audience is convinced that this approach will eventually benefit our very own investors who will participate in a higher display of business’s company worthy of. Having said which, i would ike to now come on Web page a dozen to our bonus suggestion towards then Annual General Appointment, which takes put at the conclusion of April this season. When i merely mentioned, keeping a strong economic reputation will remain among the secret economic management objectives. A year ago, i conveyed that in addition to the general financial ecosystem, i paid back brand of focus on an appropriate quantity of websites obligations and you can economic power when choosing withdrawals so you’re able to investors. And we’ll including take into account the need dedicate in the business, for instance the summary out-of proper progress opportunities, especially in the latest center enjoyment company.

From this background, i, the new Government Board, with all the Supervisory Board, chose to plan to the brand new Yearly General Fulfilling again a dividend away from 0. (more…)

Continue ReadingThis reflects the improved cashflow profile along the direction of the year