Slovenia's Petrol plans 1.80 euro/share dividend for 2023

"This amount has been determined by taking into account the still uncertain business conditions on the energy markets and the Petrol Group’s development plans and aspiration to act responsibly towards all stakeholders," the company said in a filing with the Ljubljana Stock Exchange on Friday.

Petrol turned to a net profit of 136.6 million euro in 2023 from a 2.7 million euro loss in the previous year. Petrol recorded sales revenues of 7.0 billion euro, down 26%, mainly due to lower prices of fuels and other energy products, while earnings before interest, taxes, depreciation and amortisation (EBITDA) amounting to 277.1 million euro in 2023, or 180.8 million euro more than in 2022.

($ = 0.9383 euro)