The group had an extraordinary year with record revenue, EBIT, EBITDA and free cash flow. The Agro segment and M&T especially contributed to this result. As we are accustomed by now, literally almost all of the €113m free cash flow (excluding working capital effect and one-offs) was used to buy Rieter and Tessenderlo shares. Therefore the dividend had to remain a puny €0.2 per share. 2022 is set to have EBITDA below the 2021 level.
24 Mar 2022
All 2021 (record) free cash flow used to buy Rieter/Tessenderlo shares
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All 2021 (record) free cash flow used to buy Rieter/Tessenderlo shares
- Published:
24 Mar 2022 -
Author:
Wouter De Blaere -
Pages:
3
The group had an extraordinary year with record revenue, EBIT, EBITDA and free cash flow. The Agro segment and M&T especially contributed to this result. As we are accustomed by now, literally almost all of the €113m free cash flow (excluding working capital effect and one-offs) was used to buy Rieter and Tessenderlo shares. Therefore the dividend had to remain a puny €0.2 per share. 2022 is set to have EBITDA below the 2021 level.