BUSINESS OPERATIONS AND VALUE CREATION
The Board’s proposal to the Annual General Meeting for the distribution of funds
The distributable funds of the company are EUR 609,287,153.42 of which retained earnings constitute EUR 287,026,854.12 and profit for the period EUR 111,620,817.49.
The Board of Directors proposes the following to the Annual General Meeting regarding the distribution of funds:
Dividend of EUR 0.58 per share be paid, or in total
To be left in the unrestricted shareholders' equity
Distributable funds of the company
The Board of Directors proposes that the dividend will be paid on 5 April, 2023.
No material changes have been taken place in respect of the company’s financial position after the balance sheet date. The liquidity of the company is good, and in the opinion of the Board of Directors, the proposed profit distribution would not compromise the liquidity of the company.
Espoo 8 February 2023
Mika Joukio CEO
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