DelfinGroup will pay 0.43 million euros in dividends for the second quarter

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As a result of this payment, more than 3.2 million euros or 0.08 euros per share will be paid in dividends by the end of September this year. For the results of the second quarter, dividends are expected to be paid by September 30.

“DelfinGroup continued to show strong growth in all operating segments in the second quarter of 2021, both in the consumer lending and pawnshop lending segment and in the second-hand trade. It is gratifying that the company’s growth is in line with forecasts and After the planned IPO on the Nasdaq Riga Stock Exchange, we will also be one of the few companies on the Baltic Stock Exchange that plans to pay significant dividends to its shareholders on a quarterly basis. a strategic decision by DelfinGroup, given that the company’s long-term policy will also be attractive to new shareholders after the initial public offering (IPO) of the shares “Nasdaq Riga” stock Exchange.”

In March of this year, JSC “DelfinGroup” announced plans to conduct an initial public offering (IPO) of shares on the Nasdaq Riga stock exchange in the second half of 2021. The financial advisors of DelfinGroup’s IPO process are LHV Bank and Eversheds Sutherland Bitāns.

In the first six months of 2021, AS DelfinGroup achieved a turnover of 11.9 million euros, which is an increase of 6.4% compared to the same period last year. EBITDA increased by 8.7% in the first half of the year, reaching 4.6 million euros, while profit before tax on dividends in the first half of the year increased by 9.0%, reaching 2.3 million euros. Thus, in the first half of this year, the company achieved the largest turnover in its company history.

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