Business News

Žito Shareholders to Get EUR 3.40 Per Share in Dividends

Ljubljana, 23 April (STA) - The supervisors of food company Žito, one of the companies slated for privatisation, approved on Tuesday the management's proposal for allocating EUR 1.09m of last years's EUR 25.98m in distributable profit for dividends. This means EUR 3.40 per share and compares to EUR 2.99 paid out in 2013.

The net profit of the Žito group stood at EUR 2.2m last year, a 455% increase on 2012, the audited results show.

Revenue stayed almost unchanged at slightly under EUR 111m. The core company increased its profit by 333% to almost EUR 2.5m.

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