Allane SE Announces Dividend Proposal for the 2023 Financial Year

Allane SE, in an official statement on April 3, 2024, declared its Management Board's decision to propose a dividend equivalent to 20% of the consolidated net profit for the fiscal year 2023 to its shareholders. This marks a significant adjustment from the initially anticipated range of 30% to 60%. The rationale behind this recalibrated proposal is to maintain a robust equity standing amidst anticipated asset growth in the ensuing years.

The company emphasized that the Management and Supervisory Boards will offer a definitive proposal regarding profit distribution to the Annual General Meeting following the audit of the 2023 financial year's financial statements. This decision aligns with the firm's strategic financial planning to ensure long-term growth and stability.