Announcement no. 15-2021
The annual general meeting was conducted in accordance with the announced agenda.
The management report was presented and the annual report for 2020 was adopted.
In his report, the Chairman of the Board of Directors noted that the Company had achieved the best operating profit (EBIT) in its 56-year history in 2020.
- Revenue was unchanged at
DKK 1,045 million , as double-digit growth rates in North Media Online and Bekey offset the slight drop in FK Distribution’s revenue, which had been expected. - EBIT before special items amounted to
DKK 240 million , aDKK 74 million increase on 2019. The Company maintained its consistent focus on earnings and optimisation, and all companies improved their performance. - Net profit was up by 49% to
DKK 307 million , which included a return on securities ofDKK 155 million . - The capital resources were strengthened, in part due to cash flows from operating activities of
DKK 219 million .
The Chairman reviewed the new strategy, under which
The Board of Directors’ ambition, provided the growth and earnings targets are achieved, is to propose dividends of
The shareholders voted to adopt a resolution to discharge the members of the Board of Directors and the Executive Board from liability and approved the Board’s recommendation for a dividend of
The shareholders adopted the remuneration report presented at the general meeting.
The Board of Directors’ authorisations to increase the share capital one or several times by up to
All incumbent Board members were re-elected:
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-appointed as the Company’s auditors as proposed by the Board of Directors.
Immediately following the general meeting,
Additional information is available from the Chairman of the Board,
On behalf of
Chairman
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