NIS paid 32.6 million euros in dividends for 2015 – Serbia, 19 September 2016

Serbian oil company NIS paid out 32.6 million euros in dividends for 2015 to its shareholders. This amount represents 25 % of the company’s net profit in the previous year.
Net dividend amounts to about 0.17 euros per share. This is the fourth consecutive year in which NIS pays dividends. According to the company’s financial report, operating result in 2015 was also affected by a negative impact of foreign exchange rates, which amounted to some 65.6 million euros. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 376.6 million euros. Although financial parameters were much lower than in 2014, they were also significantly higher than initially planned for 2015.

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