Sollers Hold Annual General Shareholders Meeting
OREANDA-NEWS. The Shareholders Meeting adopted a resolution to pay dividends on the basis of the 2013 fiscal year results in the amount of RUR 52.52 per ordinary share, which makes total declared dividend of RUR 1.8 billion.
The re-elected Board of Directors of SOLLERS OJSC is made up of 9 members in 2014: David Herman, Vadim Shvetsov, Richard Broyd, Partick Gallagher, Seppo Remes, Nikolay Sobolev, Viktor Khvesenya, Zoya Kaika, Alexander Ikonnikov.
The Meeting also appointed LLC AKG Business Krug (Circle) to be the Company's Statutory Auditor.
In 2013, SOLLERS Group generated the Net Profit of RUR 3,625 million, while the Group's Revenue in the reporting period makes RUR 61,317 million.
EBITDA for 2013 amounted to RUR 6,387 million. At the same time, EBITDA margin is 10.4%. 2013 Net Debt was at a record low level of RUR 3,491 million as of 31 December 2013, compared to RUR 7,880 million as of the end of 2012.
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