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Novem Group SA

EQS-Adhoc: Novem Group S.A.: Suspension of dividend

Source: EQS

EQS-Ad-hoc: Novem Group S.A. / Key word(s): Dividend
Novem Group S.A.: Suspension of dividend

16-Jun-2025 / 17:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

Novem Group S.A.: Suspension of dividend

Luxembourg, 16 June 2025 – The Management Board of Novem Group S.A., in agreement with the Supervisory Board of the Company, will propose to the Annual General Meeting on 21 August 2025 not to distribute a dividend for the financial year 2024/25.

The suggestion is founded on the frail market development, marked by uncertainties further amplified by the inconsistency in the US tariff discussions. Suspending the dividend is anticipated to help cope with this demanding landscape and bridge the gap to a more stable setting.

Contact Investor Relations Press Contact
Mareike Völker Isabel Henninger
Head of Investor Relations Phone: +49 174 940 9955
Phone: +49 9205 18 1399 E-Mail: isabel.henninger@kekstcnc.com
E-Mail: investor.relations@novem.com  


End of Inside Information

16-Jun-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: Novem Group S.A.
19, rue Edmond Reuter
L-5326 Contern
Luxemburg
ISIN: LU2356314745
WKN: A3CSWZ
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 2155968

 
End of Announcement EQS News Service

2155968  16-Jun-2025 CET/CEST