Koncar proposes 2.5 euro/share dividend for 2023

Some 6.37 million euro out of the company's net profit of 13.7 million euro reported for 2023 will be distributed as dividend, the company said in a filing to the Zagreb bourse on Thursday.

Out of the remaining profit, 5% will be allocated to reserves and 6.9 million euro will be retained.

Last year, the company paid out a dividend of 2.0 euro per share.

Koncar Elektroindustrija's shares last traded on Thursday when they closed flat at 258 euro on the Zagreb bourse.

($ = 0.939 euro)