The Board of Directors of Vestel White Goods will propose to the General Assembly the distribution of TL102,403,737mn, 91.7% of its 2009 distributable profit (after statutory reserves are being set), as cash dividend to the Company's shareholders. Accordingly, this amount corresponds to TL0.5390 gross dividend per share with a nominal value of 1TL (TL0.4582 net dividend per share) and a dividend yield of 11.4% at current market value.
Dividend distribution date will be set by the General Assembly.
Vestel White Goods announced total revenues of US$838mn (Euro 603mn) and net income of US$76mn (Euro 54.7mn) in FY09.
Click here for FY09 CMB based unconsolidated financials.
Vestel White Goods announced total revenues of US$618mn (Euro 453mn) and net income of US$59.3mn (Euro 43.5mn) in 9mth-09.
Click here for 9mth-09 CMB based unconsolidated financials.
Vestel White Goods announced total revenues of US$376mn (Euro 284mn) and net income of US$29.7mn (Euro 22.3mn) in 1H09.
Click here for 1H09 CMB based unconsolidated financials.
Click here for the minutes of AGM.
Vestel White Goods announced total revenues of US$136mn (Euro 104mn) and net income of US$6.9mn (Euro 5.3mn) in 1Q09.
Click here for 1Q09 CMB based unconsolidated financials.
The Board of Directors of Vestel Beyaz Eşya took the below mentioned decisions at its Board Meeting:
2008 Net Income: TL 30,816,495
Statutory Reserves (5%): TL 1,838,180
Distributable net income: TL 30,816,495
Distribution of TL 5,798,470 of the distributable net income will be proposed to the General Assembly.
Although our Company's dividend distribution policy indicates dividend distribution of 25% of its distributable net income, due to the ongoing global crisis, we will propose the minimum distribution amount (20% of distributable net income of 2008) which was set by Capital Markets Board.
Dividend distribution date will be set by the General Assembly.
Vestel White Goods announced total revenues of US$618mn (Euro 453mn) and net income of US$59.3mn (Euro 43.5mn) in 9mth-09.
Click here for the agenda.
Vestel White Goods announced total revenues of US$974mn (Euro 664mn) and net income of US$24mn (Euro 16mn) in FY08.
Click here for FY08 CMB based unconsolidated financials.
With regards to the ongoing talks between Vestel Elektronik and Whirpool Europe, due to the global economic downturn and financial crisis, both parties have agreed to pause the talks until the conditions improve. However the parties believe that the strategic reasoning behind the deal are still valid.