Because of this, the entire year-stop power ratio off 2. Despite dividend payments away from in total up to three hundred mil for the last few years, the newest group’s internet financial obligation dropped because of the nearly 700 mil, and this in the a challenging macroeconomic environment with assorted crisis. And get, the modified EBITDA keeps , we have was able to continue our very own financial power proportion more otherwise reduced stable. Which shows it absolutely was and it surely will get into the new upcoming all of our top priority to place the business to the a powerful long-term financial basis.
Just from an online loans also from an influence perspective. We are believing that this approach will eventually work for all of our investors that will participate in a top display of the organization’s organization well worth. With told you this, let me now get real Web page a dozen to the bonus suggestion into next Yearly Standard Meeting, which takes put at the conclusion of April this current year. Once i only mentioned, keeping a strong monetary profile will continue to be among all of our trick economic administration expectations. Just last year, we conveyed you to as well as the standard economic ecosystem, we repaid types of attention to the right number of web personal debt and you can financial power whenever choosing distributions to shareholders. And we will in addition to think about the must dedicate in the business, such as the summation away from proper growth opportunities, especially in the fresh new core enjoyment company.
Against this background, we, the Executive Board, with all the Supervisory Board, decided to want to the fresh new Yearly General Appointment again a dividend off 0. This suggestion takes brand of account to the fact that our monetary control is anticipated nonetheless getting above the top of the range out of the fresh new directed directory of step one. Read more