Delfin guarantees Del Vecchio's heirs over 1 billion in dividends | EUROtoday

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Delfin guarantees Leonardo Del Vecchio's heirs over 1 billion in dividends. The Delfin shareholders' assembly, assembly beneath the presidency of Francesco Milleri, unanimously accepted the corporate's monetary statements as of 31 December 2023, highlighting one other document 12 months for profitability and development within the worth of the assorted investments within the portfolio. The group experiences this in a observe, underlining that it has «reported dividends for a complete of roughly 890 million euros, up 23% in comparison with the earlier 12 months».

Estimates for 2024

Delfin, “based on the optimal performance of its investee companies, estimates that in the current year, by 31 December 2024, it will receive dividends for a total of more than one billion euros for the first time in its history”, explains the observe. «The worth of the investments within the portfolio has grown by roughly 14 billion euros within the final 24 months, recording a development of fifty% and reaching the worth of roughly 40 billion euros, because of the shares in EssilorLuxottica, Assicurazioni Generali, Mediobanca, Unicredit, Covivio and the opposite minor shareholdings”, we read further. «I thank the CEO Romolo Bardin and the entire Board of Directors for the results achieved, which are the fruit of our commitment to realize, with the support of the family, the vision of our founder. We continue in the direction traced by him, respecting all the decisions and economic and ethical guidelines that he has transmitted to us, with correct and fair management of our activities, oriented towards the creation of value for the shareholders and for the companies of which we are stable and long-term shareholders”, feedback Francesco Milleri, President of Delfin.