Brief: Deceuninck Proposes Dividend Of EUR 0.08 Per Share

Deceuninck NV

28/02/2024 06:40

Feb 28 (Reuters) - Deceuninck NV  DECB.BR :
    * PROPOSAL FOR THIRD CONSECUTIVE YEAR AN INCREASE OF
DIVIDEND TO
PAY OUT A DIVIDEND PER SHARE OF EUR 0.08 (2022: EUR 0.07)
    * IN 2024, WE ASSUME MARKET CONDITIONS TO REMAIN CHALLENGING
    * CAPEX AMOUNTED TO EUR 56.1 MLN IN 2023 COMPARED TO EUR
48.4 MLN
IN 2022.
    * IN TURKEY, ORDER INTAKE REMAINS SOLID AND THIS IS EXPECTED
TO 
CONTINUE FOR H1 2024; INTEREST RATES ARE EXPECTED TO  DECREASE
AGAIN AS OF H2 2024, POSSIBLY HAVING POSITIVE IMPACT ON  NEW
BUILD PROJECTS
    * END-YEAR NET DEBT DECREASED FROM EUR 88.3 MLN ON 31
DECEMBER
2022 TO EUR 70.6 MLN

Source text for Eikon:  ID:nGLF318Y89 
Further company coverage:  DECB.BR 

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