Zwack shareholders approve HUF 1,200 per-share dividend

Telco

Shareholders of Zwack Unicum, Hungaryʼs best-known spirits maker, approved a proposal to pay a HUF 1,200-per-share dividend on the 2014/15 financial year yesterday.

The dividend fund comes to HUF 2.44 bln. In the financial year ended March 31 the company had after-tax profit of HUF 1.77 bln, according to Hungarian Accounting Standards. The P+L statement also shows profit reserves of HUF 3.67 bln. Zwack has tapped profit reserves to top up its dividends for several years.

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