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LW Bogdanka SABogdanka coal maintains its dividend policy
Listed coal mining group Bogdanka maintains its dividend policy, the company's deputy CEO Artur Wasilewski announced.
"The dividend policy has not changed, it is up to date," Wasilewski told the conference, when asked if the company plans to return to dividend payments in 2026.
Bogdanka's policy is to recommend allocating of up to 50 percent of net profit to dividend.
The company's management board has proposed that the company's net loss for 2024 of more than PLN 1.5 billion (EUR 353.85 mln) should be covered in full from reserve capital, and has proposed that no dividend be paid from capitals created from previous years' profits.
The deputy CEO Wasilewski explained that the board's recommendation is due to the loss recorded by the company.
For 2023, LW Bogdanka paid a dividend of PLN 2.5 (EUR 0.59) per share.
pel/ ao/