Record gain at Red Bull

Record gain at Red Bull


The regular dividend – traditionally 50 percent of the annual surplus – is 822.8 million euros, reports the online portal of the “Trend” business magazine. In addition, however, there is an extra distribution of 500 million euros. In total, this is 1.32 billion euros, which includes a further special payment to the two percent owner Fides Trustee, based in Switzerland, in the amount of 3.17 million euros. On Red Bull heirs Mark Mateschitz, who holds 49 percent of the company, is therefore 647 million euros.

In 2024, sales had grown from 6.85 to 6.99 billion euros. While the profitability of the core business is still growing, the weaker financial result is noticeable, the magazine quotes from the balance sheet: it has decreased by 102 million euros to EUR 267.3 million, a minus of 38 percent. According to the management report, this is “essentially due to lower distributions of subsidiaries”. The trend recently reported about the million losses of the joint ski company by Red Bull and Marcel Hirscher.

Source: Nachrichten

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