- The Company’s Board of Directors has approved the distribution of an interim cash dividend which amounts to about
41 million euros .
- The decision was taken following continued favorable trading and solid outlook for 2020.
- The payment will be made on
October 27 .
The return to dividend distribution was in the company’s plans following strong cash generation and deleverage during 2019. However, due to the coronavirus outbreak,
Now, given the maintained favorable trading environment and solid outlook for the rest of the year, Fluidra’s Board of Directors has made the decision, during its meeting held today, to resume the dividend distribution.
“Since the beginning of the crisis we have been monitoring the situation, prioritizing the safety of our employees and business partners. We have shown a strong capacity to react in difficult times and proved the resilience of our business with an outstanding performance”, said Fluidra’s Executive Chairman,
Continued growth despite hard times
The company closed the first half of the year with double-digit growth in sales for the months of May and June, boosted by the underlying demand that re-emerged once lockdown measures began to be lifted. The global leader in the pool and wellness equipment business ended the first six months of the year with EBITDA up 10% to
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Sarah Estébanez, sestebanez@tinkle.es, +34 636 62 80 41
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