0
General

Cyfrowy Polsat to distribute entire FY net profit plus part of reserve for dividends

Tuesday 28 May 2019 | 13:33 CET | News
Cyfrowy Polsat wants to allocate its entire net profit for 2018, amounting to PLN 488.5 million, plus PLN 106.26 million from its reserve capital for dividends to shareholders. As at end December 2018, the amount of the reserve capital available for distribution was nearly PLN 3.5 billion. The total amount of recommended dividends to shareholders would, if approved during the company's AGM, amount to PLN 594.78 million, or PLN 0.93 per share.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cyfrowy Polsat
Countries: Poland
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Zygmunt Solorz reduces voting stake in Cyfrowy Polsat

Published 11 Nov 2019 10:28 CET | Poland
Polish businessman Zygmunt Solorz has reduced the number of his voting shares in the Cyfrowy Polsat group by 1.86 percent. He ...

Cyfrowy Polsat Q1 revenue up 19 percent, profit beats expectations

Published 15 May 2019 09:17 CET | Poland
Polish group Cyfrowy Polsat has posted PLN 2.79 billion in revenues, up by 19 percent year-on-year, and 16.97 million RGUs in Q1. ...

Cyfrowy Polsat grows Q4 underlying revenues 4 percent

Published 21 Mar 2019 10:49 CET | Poland
Cyfrowy Polsat posts total revenue of PLN 3 billion in Q4. The company said revenue based on the previous accounting standards ...