Stabilus intends to pay out a stable dividend despite a slight decline in profits
According to a report from www.finanzen.net, the gas spring manufacturer Stabilus plans to pay out a stable dividend to its shareholders despite a slight decline in profits in the past financial year. This dividend proposal reflects the company's capital market strategy and is intended to allow shareholders to participate in the annual profits. At 1.75 euros per share, the dividend should be at the same level as the previous year. Last year, Stabilus recorded a 9 percent increase in sales to 1.215 billion euros. Adjusted EBIT amounted to 158.4 million euros with a margin of 13.0 percent. The result fell to 103.3 million euros. For the new financial year, the company expects sales...

Stabilus intends to pay out a stable dividend despite a slight decline in profits
According to a report by www.finanzen.net, the gas spring manufacturer Stabilus plans to pay out a stable dividend to its shareholders despite a slight decline in profits in the past financial year. This dividend proposal reflects the company's capital market strategy and is intended to allow shareholders to participate in the annual profits. At 1.75 euros per share, the dividend should be at the same level as the previous year.
Last year, Stabilus recorded a 9 percent increase in sales to 1.215 billion euros. Adjusted EBIT amounted to 158.4 million euros with a margin of 13.0 percent. The result fell to 103.3 million euros. For the new financial year, the company expects sales of between 1.4 and 1.5 billion euros and an adjusted EBIT margin of between 13 and 14 percent.
These developments may have an impact on the market and the industry. The planned dividend distribution despite the decline in profits could strengthen investor confidence and make Stabilus shares more attractive. The increase in sales in the past year and the forecast for the new financial year indicate that the company will continue to perform solidly, which could have a positive impact on competition in the industry.
Overall, it can be assumed that the Stabilus share will continue to arouse interest among investors, particularly due to the planned dividend distribution and the positive sales development in the past year.
FRANKFURT (Dow Jones)
Read the source article at www.finanzen.net