Part of the shareholder of “emaitija pieno” will pay 2.08 million. EUR dividend

About the presented alternative profit distribution project, which will be considered on Friday at the shareholders’ meeting, emaitijos pienas announced on Thursday via Nasdaq Vilnius Bir.

At the beginning of April, the dairy board of Emaitia will not pay dividends for the previous year.

The shareholders of the company will be allocated a total of 102.22 million. Accumulated profit of EUR. Both in the company’s board and in the alternative profit distribution project to his 10 mln. It is proposed to allocate EUR 200,000 as a reserve for purchasing own shares, and EUR 200,000 for employee bonuses.

The board is trying to transfer 92.02 million to the next year. EUR 89.94 million of undistributed profit is proposed to be transferred in the alternative proposal. Eur.

Last year, in 2022, 2021 and 2020, emaitija milk did not pay dividends, and in 2019, 3.692 million was allocated for this purpose. EUR, or 8 cents per share.

The company’s audited net profit last year, compared to 2022, grew 3.6 times to 19.7 million. EUR (EUR 5.46 million in 2022), income 5.6% to EUR 277.3 million. EUR (EUR 262.7 million).

At that time, the consolidated net profit of the whole group last year grew 5.4 times to 21.4 million. EUR (EUR 3.9 million), income 5.5% to EUR 278 million. EUR (EUR 263.4 million)

emaitija milk group manages the main companies emaitija milk and iluts rambyn.

According to the Nasdaq Vilnius office, at the end of 2022, 67.27% of emaitija milk shares are owned by Algirdas Paemeckas and Danut Paemeckien, 10.85% by Baltic Holding, 6.95% by Klaipdas pienas.

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