sur SURTECO SE (ETR:SUR)
Annual General Meeting of SURTECO SE Approves Dividend and Re-elections
The Annual General Meeting of SURTECO GROUP SE approved a dividend of €0.30 per share, marking a 55% payout ratio. Tim Fiedler and Jochen Müller were re-elected to the Supervisory Board by a majority vote. The meeting also endorsed all other agenda items.
In 2024, despite challenging conditions, SURTECO achieved sales of €856.6 million, up from €835.1 million in the previous year. Adjusted EBITDA increased by 10% to €95.3 million. In the first quarter of 2025, SURTECO reported sales of €222.3 million and adjusted EBITDA of €26.7 million. However, provisions related to business closure and currency effects resulted in a net loss of €5.1 million.
The company forecasts 2025 sales between €850 million and €900 million and adjusted EBITDA between €85 million and €105 million. Further details can be accessed on their website.
R. E.
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