Profil:
PGE SAPGE power management board recommends no dividend payment for 2024
Listed power utility PGE's management board recommends not paying a dividend for 2024, the company said in a market filing. PGE assessed that it has potential to pay dividends in the future.
In addition, the group pointed out that the continued activity of the conventional power generation segment within its structures, in particular the potential scale of payments for CO2 emission allowances, translates into limited predictability of the PGE's financial flows.
In 2024, the company did not pay a dividend.
mcb/ nl/ ao/