ENAV S.p.A.’s Shareholders’ Meeting convened today, marking a significant milestone as it greenlights the company’s financial trajectory for the year 2023. Let’s delve into the numbers and decisions that emerged from this pivotal gathering.
Solid Financial Growth
In 2023, ENAV witnessed a commendable surge in its financial figures, reflecting a robust performance across key metrics:
- Revenue: Surging to 1 billion euros, marking a notable uptick of 5.9% year-over-year (YoY).
- EBITDA: Notching up to 300.1 million euros, showcasing a substantial increase of 10.2% YoY.
- EBIT: Climbing to 172.7 million euros, indicating a significant boost of 16.4% YoY.
- Net Profit: Stood at 112.7 million euros, exhibiting a commendable rise of 7.9% YoY.
- Net Financial Position: Holding steady at 322.3 million euros.
Ordinary Matters Discussed
In the ordinary segment of the meeting, several crucial decisions were made:
Dividend Payout: Shareholders nodded in agreement to a dividend payout of €0.23 per ordinary share, translating to a hefty total of €124.5 million euros. The dividend distribution is slated for 29th May 2024, with an ex-dividend date set on 27th May 2024.
Remuneration Report: The meeting endorsed the remuneration policy for the year 2024 for the Board of Directors and Key Management Personnel. Additionally, a non-binding favorable opinion was expressed on the remuneration paid in 2023.
Audit Firm Appointment: PricewaterhouseCoopers SpA clinched the nod as the independent Audit Firm for the years 2025-2033.
Extraordinary Decisions
Venturing into the extraordinary realm, amendments to the Articles of Association were greenlit:
- Article 8 Amendment: Authorizing participation in Shareholders’ Meetings through designated representatives.
- Article 11-bis.1 Amendment: Tweaking causes of ineligibility or dismissal of Board of Directors members.
- Article 21.2 Amendment: Streamlining provisions concerning gender balance among alternate auditors.
Active Shareholder Participation
A commendable 79.75% of the share capital participated in the Shareholders’ Meeting, reflecting robust engagement and interest among stakeholders.
Looking Ahead
The essence of ENAV’s financial performance and decisions echoes a narrative of resilience and strategic foresight. As the company steers towards the future, these deliberations pave the way for continued growth and stability.
For further details on voting outcomes and performance indicators, stay tuned to ENAV’s official website. The assurance of accurate accounting practices is underscored by the declaration of Loredana Bottiglieri, the company’s accounting manager.
