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Cdp: ok for dividends of 852 million

In 2013, the Parent Company CDP mobilized and managed resources for 16 billion euros, for a growth of 27% compared to the 12,8 billion euros recorded in 2012.

Cdp: ok for dividends of 852 million

The CDP shareholders' meeting approved the 2013 financial statements, giving the go-ahead for the distribution of dividends for approximately 852 million euros. Furthermore, the Board of Statutory Auditors was integrated with the appointments of Luciano Barsotti as standing auditor and Giandomenico Genta as alternate auditor.

The resources mobilized and managed in the form of loans, investments and guarantees by the CDP Group in 28 in support of public bodies, infrastructures and businesses amounted to 22 billion euro, up 2012% compared to 2013.

The parent company CDP has mobilized and managed resources for 16 billion euros, for a growth of 27% compared to the 12,8 billion euros recorded in 2012. CDP therefore closes a particularly difficult three-year period for the country, as were the years of the Business Plan 2011-2013, exceeding its objectives for contributing to growth: 56 billion euros, against the 43 billion expected.

The economic trend is in line with the objectives of the 2011-2013 Business Plan, despite the significant deterioration of the market context. Against an interest margin down by 28%, to 2,5 billion euro, due to the expected normalization of the margin between loans and deposits, following the trend in interest rates, the profit for the year stood at to 2,3 billion euro, with a more contained reduction than the interest margin thanks to the positive contribution of dividends from shareholdings.

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