OPAP proposes dividend of 0.40€ per share

31 March 2016
79 Views

The board of OPAP, Greece’s biggest lottery and sports betting pools provider, on Wednesday said it will propose a 0.40-euro dividend payment to shareholders at an upcoming general assembly.

With a 0.17-euro dividend already approved and disbursed, if passed, stockholders will now receive 0.23 euros per share.

EBITDA increased by 8.8 percent to 377.1 million euros.

Net profits reached 210.7 million euros, an increase of 8.1 percent. Nevertheless, net profits for Q4 decreased by 32.1 percent, or 51.7 million euros, primarily due to the payment of a 15-million-euro licensing fee for the lottery concession.

Meanwhile, the Council of State will hear a petition by OPAP against a decision to slap a further tax per gaming columns on pools offered by OPAP.

You may be interested

Greek President reiterates call for German WWII reparations
GREECE
shares73 views
GREECE
shares73 views

Greek President reiterates call for German WWII reparations

makis - Aug 17, 2017

Greek President Prokopis Pavlopoulos renewed the demand for war reparations from Germany owed to Greece from the time when the…

Man who rented van in Barcelona terrorist attack
WORLD
shares78 views
WORLD
shares78 views

Man who rented van in Barcelona terrorist attack

makis - Aug 17, 2017

A photo of a man who reportedly rented the white van that plowed into people in Barcelona in a terroristb…

A Greek woman and her 2 children among injured in Barcelona terrorist attack
WORLD
shares101 views
WORLD
shares101 views

A Greek woman and her 2 children among injured in Barcelona terrorist attack

makis - Aug 17, 2017

A Greek woman and her two children are among those injured in the terrorist attack in Barcelona on Thursday, according…

Leave a Comment

Your email address will not be published.