Record profit of 822 million for Mediolanum, 519 million for shareholders - Last minute

2024-02-08T11:33:56.185Z

Highlights: Mediolanum's net profit in 2023 reached 821.9 million, up 62% compared to last year. Board of directors will propose to the meeting a balance dividend of 0.42 euros per share, equal to approximately 311 million. "A year that I define it as simply extraordinary, in particular for the record operating profit of 822 million euros", commented Massimo Doris, CEO of Banca Mediolaanum. "In 2023 we benefited from the sudden rise in rates and the consequent contribution deriving from the interest margin", he added.

Mediolanum's net profit in 2023 reached 821.9 million, up 62% compared to last year. Thanks to the results, the board of directors will propose to the meeting a balance dividend of 0.42 euros per share, equal to approximately 311 million. (HANDLE)