Kofola will ship shareholders over 300 million in shares – Seznam Zpravy

One of the essential European producers of sentimental drinks, Kofola ČeskoSlovensko, pays its shareholders a dividend of 13.50 kroner earlier than tax per share for final yr. In complete, it’ll ship 300.9 million crowns to shareholders.

“Kofola is returning to its long-term dividend coverage, the place it pays lower than 5 % of the dividend worth. Earlier than taxes, it’s 13.50 crowns, after taxes 11.475,” says Patria Monetary analyst Martin Kycelt.

Final yr, Kofola paid the identical share, however in earlier years their quantity diverse. Shareholders obtained essentially the most, CZK 16.20, for the yr 2017, then again, for the yr 2021 it was solely CZK 11.30. “The corporate is attempting to take care of a steadiness between shareholder satisfaction and funding in additional improvement,” Kycelt believes.

The dividend for final yr has not but been authorised by the corporate’s normal assembly, which is anticipated to satisfy on June 27. The agency date for the cost of the dividend was set by the corporate for July 9. Kofola revealed the proposal for the dimensions of the division sooner than traditional, which, based on Kycelt, displays a problem-free administration final yr.

Greater than 67 % of Kolofy shares are held by Aetos, the household enterprise of Janis Samaris. Lower than 5 % belongs to the Kofola subsidiary, a Croatian mineral water producer. Greater than 27 % is the so-called free float, which represents shares which can be publicly traded on the inventory alternate.

“The free deal with at Kofola may be very small. Traders on the Prague Inventory Change focus primarily on ČEZ and banks, and after they purchase, for instance, Kofola shares, they often maintain them. These should due to this fact bear in mind that the liquidity of Kofola shares may be very low,” Kycelt says.

Final yr, Kofola ČeskoSlovensko elevated its gross sales by greater than 10 % to eight.69 billion crowns. In comparison with 2022, internet revenue elevated by nearly two thirds to 340 million kroner. Round two thousand workers work in eleven manufacturing facilities in a number of nations.

Kofola additionally invested closely. In March this yr, they accomplished the acquisition of the brewing group Pivovary CZ Group, which has a majority of 51 % and is behind the manufacturers Holba, Zubr and Litovel. In January 2024, it purchased a 49 % stake in Mixa Merchandising, which operates beverage and merchandising machines.