zeal-network-se-increases-basic-dividend-and-confirms-targets

ZEAL Network SE increases basic dividend and confirms targets

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  • Annual General Meeting well attended in anniversary year
  • Basic dividend increases from € 1.00 to € 1.10 per share
  • 25 years of online lottery: pioneer ZEAL aims to increase market share to 50 percent

The Annual General Meeting of ZEAL Network SE, the leading German online provider of lottery products, was met with great interest in the year of the company’s 25th anniversary. Attendance was around 72 percent of the voting capital.

“This year’s shareholder meeting was something special for us – together we are not only celebrating ZEAL’s 25th anniversary, but also 25 years of online lottery in Germany,” says Helmut Becker, CEO of ZEAL. “With the successful launch of the online games offering, the further increase in brand awareness of LOTTO24 and the further strengthening of customer loyalty, ZEAL has laid important foundations for future growth in 2023.” Following the successful start to the new financial year, Becker confirmed the targets for the current year and the long-term ambition of achieving a market share of 50 percent.

All resolutions proposed by the management were adopted by a large majority. The shareholders approved the payment of a dividend of € 1.10 per share. This is 10% more than the basic dividend paid in the previous year. The total dividend payout therefore amounted to € 23.8 million, compared to € 78 million in the previous year (consisting of a basic dividend of € 21.7 million and a special dividend of € 56.3 million).

“We look forward to continuing ZEAL’s success story together with our shareholders. We have already set the strategic course for this with the continuous expansion of our business model,” says CEO Helmut Becker.

The complete voting results and all important documents relating to the Annual General Meeting are available under this link.

 

The post ZEAL Network SE increases basic dividend and confirms targets appeared first on European Gaming Industry News.

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