bg
Allterco will decide on annual and interim dividend
IoT-focused company Allterco (A4L BU) proposed to distribute between BGN 2.5m and BGN 2.7m in dividends, the Company announced in a filing to the BSE.
Gradus to distribute interim dividend
Poultry producer Gradus’ (GR6 BU) management proposed interim DPS of BGN 0.022, the Company announced in a filing to the BSE. Gradus will distribute to shareholders BGN 5.4m or 89% of H1’19 holding company’s net profit. Shareholders will vote the proposal on 25th Oct’19.
ELANA Agrocredit gets a new loan of BGN 15m for investing
Agricultural land leasing company ELANA Agrocredit (0EA BU) to receive up to BGN 15m bank loan to finance its operations, the Company announced in a filing. The loan consists of two tranches: an investment loan up to BGN 15m for financing the expansion of the Company’s leasing portfolio and a working capital revolving loan up to BGN 5m.
Sopharma Trading’s consolidated revenues up 6.6% in H1 2019
Pharma wholesaler Sopharma Trading’s (SO5 BU) consolidated revenues accelerated 6.6% y/y to BGN 465.6m, net profit margin shrank on increased costs in H1’19, according to latest consolidated financials published by the Company.
Gradus sales surged in H1 2019
Poultry producer Gradus’ (GR6 BU) consolidated bottom line surged 21.4% y/y as hatching eggs sales surged in H1’19, according to consolidated interim financials published by the Company.
ELANA Agrocredit boosted bottom line by 20.8% in H1 2019
Agricultural land leasing company ELANA Agrocredit (0EA BU) boosted bottom line by 20.8% y/y to BGN 1.6m in H1’19, according to latest financials published by the Company.
New research report: Gradus continues with its investment program
Poultry producer Gradus reported lower than expected results in FY2018. The latter was driven by both drop in revenues and one-off costs hurting the profitability. Regardless of this, Gradus’ management kept its promise to deliver above 5% return to its investors, offering a gross dividend of BGN 0.10 per share in 2018.
More announcements of GMs shed light on dividend yield for FY2018
With more general shareholders meetings (GSM) announced (and some already held), shares on the Bulgarian stock exchange bring 1.3 to 4.2% dividend yield for FY2018.
ELANA Agrocredit’s bottom line rises in Q1’19
Agricultural land leasing company Elana Agrocredit (0EA BU) expanded bottom line by 32.1% y/y to BGN 831k in Q1’19, according to recent quarterly financial statements published by the Company.
First announcements of GMs shows FY 2018 dividends per share with 3 to 5% yield
Pharma products wholesaler Sopharma Trading (SO5 BU) proposes BGN 0.30 DPS for FY2018, according to GSM invitation published by the Company in the Commercial Register. The proposed dividend is the same as last year’s despite the Company reported a 23.4% y/y higher net profit for FY2018.
