After a record year, Waberer’s general meeting decided on an increased dividend payment and new board members
Waberer’s International closed a record year in 2023 as well, so the company’s annual general meeting decided to pay a dividend of HUF 120 per share, exceeding the previous year. The shareholders also accepted the company’s report and elected two new members of the Board of Directors and one new member of the Supervisory Board. Waberer’s also published its first Sustainability Report at the same time as the general meeting.
At the annual general meeting of Waberer’s International Nyrt., the shareholders accepted the company’s report for the year 2023, according to which, thanks to the consistently implemented strategy, the company’s sales revenue increased by 4.6 percent to 710.9 million euros, while its net profit increased by 53.6 percent to 29, It jumped to 7 million euros. Waberer’s EBIT (operating) result increased by 17 percent to 42.8 million euros, while its EBITDA result increased by 14.8 percent to 95.6 million euros, thus the Group reached a record level for both indicators.
The outstanding result was achieved despite the challenging environment by the company listed in the Premium category of the Budapest Stock Exchange, after the industrial production and consumption data of its main markets, Western Europe and Hungary, stagnated or slightly decreased throughout last year. In this volatile environment, Waberer’s focused on those segments and customers that were less affected by the general negative economic environment, for which the company’s diversified customer and service portfolio provided a suitable basis.
Related news
NiT Hungary – Hungary also joins the e-CMR convention
Sorry, this entry is only available in HU.
Read more >The largest speculative industrial property in the country is being built in the southern submarket of Budapest
Hungary’s largest speculative industrial property in the HelloParks development will…
Read more >UPS’s healthcare business invests more than €20 million to expand its European temperature-controlled fleet in its four markets
UPS Healthcare is investing €20 million to purchase more than…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >Healthy summer nutrition tips with Eisberg
With the arrival of the really hot summer and the…
Read more >