The Motor Oil group records a large increase of 68% in its turnover for 2021, at 10.2 billion euros compared to 6.1 billion euros for the year 2020, according to the group’s Annual Financial Report.
At the same time, the group’s EBITDA amounted to 490 million euros from 85 million euros last year.
The Group’s Profit before Tax amounted to 258.2 million in 2021 compared to a loss of 137.6 million in 2020, while profit after tax amounted to 202 million euros from a loss of 113 million euros a year earlier.
Dividend
It is noted that the management of the company, consistent in its policy for maximizing the dividend yield of its shareholders, will propose to the next Annual Ordinary General Meeting the distribution of a total dividend for the year 2021 amounting to Euro 99,704,682 (or Euro 0.90 per share ).
It is noted that the amount of Euro 22,156,596 (or Euro 0.20 per share) has already been paid and recognized as an interim dividend for the year 2021 from November 2021, while the remaining amount of Euro 0.70 per share will be recognized in the year 2022.
Analytically, the financial figures of the group during the fiscal year 2021 compared to the corresponding fiscal year 2020 moved as follows:
See the Annual Financial Report in the right column Related Archives
Source: Capital
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