Image: APA
Sales were 10.45 billion euros, the earnings margin on an EBIT basis increased from 25.4 to 33.5 percent, and the cash flow from operating activities rose from two to five billion euros. The dividend per share is expected to increase by almost 40 percent to 3.40 euros, said the company, which is half owned by the state.
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According to the broadcast on Thursday, the management’s conclusion was: “Overall, we can look back on a very successful year in 2023 and are moving confidently into the new 2024 financial year as a strong, resilient and well-positioned company.” For 2024, the association expects an EBITDA of between around 2.6 and 3.3 billion euros and a consolidated result of between around 1.3 billion and 1.75 billion euros.
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