Kofola: Complying with insight into EBITDA profit without disputes and carried out without price, VH approves 11.3 K dividend

Kofola: Complying with insight into EBITDA profit without disputes and carried out without price, VH approves 11.3 K dividend
Kofola: Complying with insight into EBITDA profit without disputes and carried out without price, VH approves 11.3 K dividend

On Kofoly’s conference call, financial editor Martin Pisklk stated that in the first half of the year, the company’s EBITDA profit fell by about K50 million compared to the previous year, due to the sharp increase in expenses in the second quarter. However, according to the financial editor, in the 3rd quarter there will not be such a decrease in the market as in the 2nd quarter, or there will be an effect from the connection prices and the resulting disputes. According to him, Kofola dampened some revenues in 3Q, e.g. to the marketing that you were in the previous year. This support for mars in the 3rd quarter, which includes the main summer session, should allow the company to meet the summer goal of an EBITDA profit of K 1.08 1.15 billion. We currently expect K 1.113 billion. Of the expected growth this year, about 19 % goes 12% to the debit of prices and 7% is the bottom growth volume. Kofola plans to increase connection prices by another 10-20% in the fifth year to cover the increase in costs. He considers energy prices to be the biggest risk and the most variable item. According to the management, the dividend cut from 13.5 to 11.3 K/share is a preventive step in a situation of rising costs. This dream will cost the company approx. 55 million K, which will invest in the replacement of production facilities so that production can be increased on natural gas. We evaluate the announcement of the conf. call as neutral.

The company Kofola eskoSlovensko held a remote general meeting today, the main point of which is the proposal to pay a dividend of K11.3/share (4.0% gross foreign exchange income) from the profit of 2021. This is a decrease from the dividend of K13.5/share , which Kofola filled out years ago. Distant general meeting until 20.9. Shareholders who held shares on the decision day of August 29 can vote on the approval of the dividend proposal, or vice versa, according to the main Aetos shareholder of the company’s general editor, Jannis Samaras. The decisive day for the dividend will then be September 30.

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The article is in Czech

Tags: Kofola Complying insight EBITDA profit disputes carried price approves dividend

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