Sanlorenzo doubled dividends and posted a profit of €51 million.
The shipyard led by Massimo Perotti has announced that 40% of the profits will go in coupons to investors
Today, Thursday, April 28, the ordinary shareholders' meeting of Sanlorenzo Spa was held, followed by a meeting of the Board of Directors to discuss governance matters.
The Shareholders' Meeting approved the financial statements for the year ended December 31, 2021, and the proposed allocation of the net profit, including the distribution of a dividend of €0,6 per share, before legal withholdings, for a total of €20.722.948. The actual number of shares eligible for payment will remain unchanged, to be determined on May 3, 2022. The La Spezia-based shipyard announced this in a statement, which explains that the ex-dividend date will be May 2, 2022, with payment on May 4, 2022.
The dividend, double the 2021 amount, corresponds to a payout of approximately 40% of the group's net profit, and therefore the higher percentage envisaged by the dividend distribution policy for the 2019 to 2021 financial years approved on November 9, 2019, compared to the lower percentage, equal to 30%, distributed in 2021 at the end of the 2020 financial year," the company explains.
The consolidated financial statements as of December 31, 2021, were also presented during the meeting. They showed net revenues from the sale of new yachts (Net Revenues New) of €585,9 million, up 28% compared to €457,7 million in 2020, a group net profit of €51 million, up 47,8% compared to €34,5 million in 2020, and a net financial position of €39 million in cash, compared to €3,8 million at the end of 2020.
The new Board of Directors, composed of 12 members, was also appointed. Their term of office will last until the Shareholders' Meeting called to approve the financial statements for the year ending December 31, 2024. Based on the two lists submitted, the following directors were appointed: Massimo Perotti, Paolo Olivieri, Marco Viti, Carla Demaria, Ferruccio Rossi, Cecilia Maria Perotti, Pietro Gussalli Beretta, Licia Mattioli, Silvia Merlo, Leonardo Luca Etro, and Francesca Culasso, drawn from list no. 1 submitted by the majority shareholder Holding Happy Life Srl, a company owned by Massimo Perotti, and Marco Francesco Mazzù, drawn from list no. 2 submitted by a group of international and domestic asset management companies and institutional investors.
CLICK HERE TO SUBSCRIBE TO THE FREE SUPER YACHT 24 NEWSLETTER
