The results were slightly above consensus and strong at €2bn (adjusted EBIT). Essentially, this was due to higher oil & gas prices, partly offset by lower polyolefin margins. The highlight of the release is the dividend, announced at €2.30 per share, which is a 24% increase yoy. A strong signal sent by the company, to close this record year.
03 Feb 2022
Q4: record dividend for a record year
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q4: record dividend for a record year
The results were slightly above consensus and strong at €2bn (adjusted EBIT). Essentially, this was due to higher oil & gas prices, partly offset by lower polyolefin margins. The highlight of the release is the dividend, announced at €2.30 per share, which is a 24% increase yoy. A strong signal sent by the company, to close this record year.