Deutsche Rohstoff AG Announces Dividend and Share Buyback for 2023

Deutsche Rohstoff AG has declared a dividend proposal of EUR 1.75 per share for the fiscal year 2023 and plans a share buyback program with a fund of up to EUR 4 million. The proposal will be presented at the upcoming Annual General Meeting. The company aims to enhance shareholder value by redeeming the repurchased shares.

The financial report for 2023 showcased a strong performance with EUR 196.7 million in revenue and an EBITDA of EUR 158.3 million. With a net consolidated profit after minority interests of EUR 65.2 million, the company confirms its lucrative year.

Moreover, Deutsche Rohstoff has projected its financial targets for 2024 and 2025, anticipating revenues between EUR 210 to 230 million and an EBITDA of EUR 160 to 180 million for 2024, while expecting a slight decline in 2025 with forecasts between EUR 180 to 200 million in revenue and an EBITDA of 125 to 145 million.

The base financial scenarios for the forthcoming years presume stable oil and gas prices, which significantly influence the earnings potential of the company. The Group's strategy is reflective in its robust financial positioning and operational focus in Wyoming, underscoring its adaptive market strategies amid fluctuating global energy prices.