Part of consolidated audited net profit for the year 2007 attributable to shareholders of investment company Invalda increased by 20% and reached LTL 78.96 million, while in 2006 it was LTL 65.53 million. Total audited consolidated net profit of Invalda group for 2007 is LTL 87.56 million, i.e. 16% increase compared with the year 2006 (LTL 75.55 million).
Invalda keeps consistent dividend payment policy. This year shareholders will be offered LTL 0.3 dividends per share and the total amount for dividends payment will reach LTL 12.77 million. Also the company will propose shareholders to approve additional LTL 34.62 million allocation for own shares acquisition reserve. Together with LTL 34.5 million allocated last year own shares acquisition reserve would be about LTL 70 million. If it becomes necessary, this reserve will allow the company to start own shares acquisition upon approval in extraordinary shareholders meeting.
„The year 2007 was successful and important for Invalda. Reformation of the group were finished and this allowed to concentrate all group assets, separated businesses managed by the group, simplified shareholders structure. This year we intent to continue group’s development focusing on long term and stable growth. We believe that 2008, the same as last year, will be successful for Invalda group and profit growth will remain” – Darius Sulnis, president of Invalda, said.
Forecasted net consolidated profit for 2008 of Invalda group is LTL 127 million, and part of net consolidated profit attributable to shareholders of Invalda is LTL 121.8 million.