Under the articles of association, the profit remaining after the addition to the reserves is at the disposal of the General Meeting of Shareholders (Article 36.2). It has been agreed with the shareholders that, from the 2025 financial year onwards, the dividend to be distributed will amount to 50% of the net profit from ordinary activities, with a maximum distribution of €100 million, subject to annual indexation, under the condition that this distribution does not result in Enexis losing its A rating profile within five years.
The proposed dividend distribution for 2025 is based on 50% of the net profit from ordinary business operations, with a maximum distribution of € 100 million, amounting to € 100 million (€ 100,000,000). The proposed dividend payment for 2025 amounts to €0.67 per share (2024: €0.85 per share). The profit appropriation proposal has not been taken into account on the balance sheet as of 31 December 2025.
The proposal for the appropriation of the 2025 result is as follows:
|
€ Million |
2025 |
2024 |
|
Profit for the year |
400 |
254 |
|
Allocation to the general reserve |
-300 |
-127 |
|
Proposed dividend |
100 |
127 |