Dividend to €0.35 per share
+28% increase revenues from abroad
Milan, 29 April 2019 - SIA’s Ordinary Shareholders’ Meeting, held today under the chairmanship of Giuliano Asperti with the participation of 92.8% of the Company’s capital, approved the balance sheet for the financial year 2018 and the distribution of the dividend.
The Shareholders’ Meeting decided to distribute an ordinary dividend for the financial year 2018 of approximately €60 million, corresponding to €0.35 for each of the 171,343,227 shares. Said dividends will be paid starting from 6 May 2019.
The Shareholders’ Meeting also confirmed Nicola Cordone and Francesco Silva, who had already been elected during the previous Board of Directors’ Meetings. Both will remain in office until the approval of the 2019 balance sheet. The Shareholders’ Meeting appointed Massimo Sarmi as a Member of the Board of Directors, replacing Marco Lucchini who resigned.
The new Board of Statutory Auditors has also been appointed. It will remain in office until the 2021’s full-year results will be approved by the Shareholders’ Meeting.
The Board is made up of Riccardo Ranalli (elected Chairman), Andrea Bignami and Fabrizio Bianchi, as standing statutory auditors, Franca Brusco and Antonia Coppola as substitute statutory auditors. It was agreed that an annual flat fee of €45,000 will be paid to the Chairman and €30,000 to each standing statutory auditor.
Deloitte & Touche was appointed to be the new Auditing Firm for the financial years 2019-2021.
2018, A RECORD YEAR FOR ECONOMIC RESULTS AND BUSINESS TRENDS
The 2018 financial year of SIA S.p.A. closed with revenues of €411.9 million and an EBITDA of €124.5 million, the operating result reached €97.4 million while net profit was €84.6 million.
In 2018, Group revenues rose to €614.8 million and EBITDA increased to €201.4 million. There has also been an increase in EBIT at €122.3 million, the pre-tax result is €110.3 million while net profit at Group level is €79.5 million.
During the year, SIA has further strengthened its international positioning, and has become a leader in central and south-eastern Europe as a result of the acquisition of the cards processing business from First Data and increasing foreign sales by 28%.
The achievement of these results has been made possible thanks to the quality and the innovation of the solutions offered and the high level of reliability in the management of “mission-critical” infrastructures, with levels of service availability to the highest standards in the market.
In 2018, SIA Group processed 7.2 billion card transactions in total, 14 billion institutional services transactions and 3 billion payment transactions relating to credit transfers and collections.
On the financial markets, the number of trading and post-trading transactions was 51.7 billion.
SIA handled a volume of traffic of over 1,204 terabytes of data on the 186,000 km of the SIAnet network, with total infrastructure availability and 100% service levels.
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