News
Obuv Rossii Paid RUB 266.8 mln Dividends for 2018
22 August 2019, Russia, Novosibirsk: (MOEX: OBUV/ hereinafter the «Company» or, together with its subsidiary and dependent companies, «Obuv Rossii» or the «Group»), the first publicly traded company in the Russian fashion retail comprising 877 [1] stores (172 of them are franchising ones) in 347 cities of Russia and two production facilities, reports that it has paid dividends on the outstanding shares of OR PJSC for 2018 in the amount of 266.8 million rubles which accounts for 20% of the Company's net profit for 2018. The dividend reserve liabilities were fulfilled on time and in full.
The General Meeting of Shareholders of OR PJSC adopted the decision on dividend payout (declaration) for shares on 28 June 2019 (Minutes No. 2019-1 of the Annual General Meeting of Shareholders of OR PJSC dated 01 July 2019). Persons with dividend rights were determined as of 18 July 2019. The dividend amount per share was 2.36 rubles.
In 2018, the Company got a boost of key indicators: the revenue increased by 9% to 11.55 billion rubles, the net profit grew by 1.7% to 1.33 billion rubles, while EBITDA margin was 24.7%. The retail network extension, opening of new stores, stock diversification and development of additional services for customers, improvement of omni-channel trade model and increase in online sales were the key growth drivers.
[1] As of 22 August 2019
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