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  • 05/21/2018

    Ljubljana, 21 May (STA) - SIJ, Slovenia's largest steel producer, will pay out dividends of 5.9 euro gross per share for a total dividend payout of EUR 5.7m, the shareholders decided on Monday. The bulk of accumulated profit, EUR 45.6m, has been retained.

    The shareholders also confirmed discharges for the management and supervisory board and authorised the management to buy out one of the small shareholders, Unior, which owns only ten shares or 0.001% of the share capital.

    SIJ saw its sales revenue exceed EUR 1bn for the time last year, as group revenue rose by about 20% to EUR 1.012bn. Net profit decreased by about two-thirds to EUR 17.6m.

    The company is in the majority ownership of Dilon, a Russian group, whereas the state has retained a controlling 25% stake.

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