PPA approves historic high dividend of 1.92 euros per share at annual general meeting

The annual general meeting of shareholders of PPA S.A. was held on Tuesday, in full compliance with all applicable procedures and with a quorum of 83.56%. During the annual general meeting, shareholders were informed on all agenda items and on the tangible results stemming from the implementation of PPA’s strategy.

According to a statement issued by PPA, all items on the agenda were approved by a broad majority, including the annual financial statements and the distribution of dividends to the shareholders of the company for the fiscal year 2024 (from 01.01.2024 to 31.12.2024). The dividend amount, as proposed by the Board of

Directors, was set at a gross amount of 1.92 euros per share, marking an increase of 43.7% compared to the year 2023.
Specifically, the key figures of the annual financial report for the year 2024 are as follows: Total revenue for the year amounted to 230.9 million euros, representing an increase of 11.1 million euros or 5.0% compared to the previous year (219.8 million euros in 2023). Profit before tax amounted to 112.9 million euros, compared to 96.2 million euros in 2023, marking an increase of 17.4%, while profit after tax reached 87.5 million euros, up by 30.8% compared to 66.8 million euros in 2023.

The above financial results represent the highest performance in the history of PPA, both in terms of revenue and profitability, confirming the company’s continued growth trajectory for the fourth consecutive year.

The Chairman of PPA LIN Ji, who presided over the general meeting, expressed his appreciation to the shareholders for their trust, as well as to the management and staff for their continuous dedication and contribution.
 

 

 

(Photo:olp.gr)

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