Dividend distribution for the year 2023

Based on 2023 financial results, the Board of Directors has proposed to the next Shareholders’ Meeting, convened on 24 April 2024, the distribution of a dividend of € 0.12 per ordinary share outstanding at the record date (net of treasury shares), that will be paid in two equal tranches.

Total dividends, equal to approx. € 31 million, are up by 9% versus the prior year and equal to a pay-out of 50% of 2023 net profit.

Financial YearCoupon detachmentDividends payable fromGross dividend per ordinary shareExtraordinary dividendGross dividend per saving shareEPS*Pay out**
20232024-05-202024-05-220.060.240.50
2024-11-182024-11-200.06
20222023-05-222023-04-240.1100.200.55
20212022-05-232022-05-250.0850.170.50
2020 – –0.017
2019 – –0.112
2018 – –(0.677)
2017 – –0.116
2016 – –0.086
2015 – –0.024
2014 – –0.002
2013 – –
2012 – –
2011 – –0.21
20102011-05-232011-05-260.170.180.98
2009 – –0.14
2008 – –0.41
20072008-05-192008-05-220.350.470.76
20062007-05-212007-05-240.350.450.79
20052006-05-222006-05-250.350.250.481.28
20042005-05-232005-05-260.350.460.76
20032004-05-242004-05-270.30.340.88
20022003-05-192003-05-220.250.252.11
20012002-05-202002-05-230.220.40.620.28
20002001-05-212001-05-240.210.250.270.93

* EPS: consolidate profit dividend by the total number of shares
** Pay out: calculated on consolidated net income