The Board of Directors of NovaBev Group recommended payment of dividends for 2023

The Board of Directors of NovaBev Group recommended payment of dividends for 2023

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The Board of Directors of NovaBev Group (formerly Beluga Group) recommended paying dividends for 2023 in the amount of 225 rubles. per share. In total, it is planned to pay 2.75 billion rubles. excluding dividends on treasury shares, reported in press release. The annual general meeting of shareholders will take place on April 15.

Based on the results of nine months of 2023, Novabev Group shareholders approved payment of dividends in the amount of 135 rubles. per share (total – 1.7 billion rubles). Last year the company’s revenue grew by 20%, and its VinLab retail chain made a significant contribution to the financial results. The company’s key brands include Beluga, Belenkaya, Myagkov and Arkhangelskaya vodka, as well as Zolotoy Reserve cognac.

Read about the situation on the alcohol market in the Russian Federation in the Kommersant article. “Letters are poured into vodka”.

Laura Keffer

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