GO plc – Approval of Financial Statements and Proposal of Dividend

March 21, 2013
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

GO plc announced that the Board of Directors has approved the annual results for the financial year ended 31st December 2012.

The Board of Directors further resolved to recommend that the Annual General Meeting approves the payment of a final net dividend of € 0.10 net of taxation per share. The payment of this Net Dividend amounts to the sum of €10.1 million. The final dividend will be paid on the 10th May 2013 to all shareholders who are on the shareholders’ register as at Friday 5th April 2013. The Annual General Meeting will be held on Tuesday 7th May 2013 at the Malta Hilton, St. Julians.

The Group registered a profit before tax of EUR 26,479,000, compared to a EUR 45,192,000 loss registered in 2011. Revenue for the period under review amounted to EUR 127,158,000, a decline of 3.4% from 2011. EPS increased to EUR 0.171.

To view the official company announcement, click here.