Energie Burgenland AG's dividend increase for the 2011/12 business year has positive impact on result of Burgenland Holding AG for current business year
At the beginning of July 2012, BEWAG and BEGAS, the two energy services companies, were merged to Energie Burgenland AG retroactively as of October 1st, 2011. Burgenland Holding AG holds 49% of the share capital of Energie Burgenland AG. Today, the Company was informed that Energie Burgenland AG will propose a dividend payment in the amount of EUR 17.0m to the Annual General Meeting, with EUR 8.33m accounting for Burgenland Holding AG (previous year: EUR 6.49m).
With revenue of EUR 303.3m (previous year: EUR 337.5m) Energie Burgenland Group recorded in the past financial year a pre-tax profit of EUR 24.1m (previous year: BEWAG and BEGAS cumulative: EUR 4.0m).
Publication date: 04.02.2013, 06:00pm (CET)