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Invalda allocated more than 12 mLTL dividends

The shareholders of Invalda, the company operating in Lithuania and foreign countries, approved the proposal to allocate dividends of 0.30 LTL per share, that is 20% increase compared with last year. Part of the profit assigned for the dividends amounts to 12.77 mLTL, compared with 11 mLTL in 2006. The company allocated 34.62 mLTL to the reserves for own shares acquisition. After the increase of reserve, the sum of 69.12 mLTL will be accumulated.

„The year 2007 was successful and important for Invalda. Every year the sum of dividends paid to the shareholders increases. By allocating part of the profit for the dividends we are seeking to implement company’s dividend policy.” – president of Invalda Darius Sulnis said.

Part of consolidated audited net profit attributable to shareholders of Invalda for 2007 compared with 2006 increased by 20% and amounted to 78.96 mLTL. The total audited consolidated net profit of Invalda for 2007 comprised 87.56 mLTL and increased by 16% increase compared with 2006.

Forecasted net consolidated profit for 2008 of Invalda group is 127 mLTL, and part of net consolidated profit attributable to shareholders of Invalda is 121.8 mLTL.