The Board of Directors of DSM-Firmenich AG approved the financial statements on 27 February 2025.
The Board of Directors proposes to the Annual General Meeting a cash dividend of €2.50 per share for the financial year 2024 (proposed dividend payment of €661 million). Of this total dividend, €1.44 per share (total €380 million) will be paid out of capital contribution reserves without deduction of any Swiss withholding tax. The remaining €1.06 per share (total €281 million) will be paid out of available earnings and therefore subject to 35% Swiss withholding tax.
The dividend is based on the number of issued and outstanding ordinary shares on 7 May 2025. The ex-dividend date is 8 May 2025, the dividend record date is 9 May 2025, and the payment date is 16 May 2025.
These proposals are subject to adoption of the resolution by the Annual General Meeting to be held on 6 May 2025.
The distribution amounts are based on the share capital issued as at 31 December 2024, and may change depending on the number of shares issued and outstanding as at the dividend record date. Treasury shares held by DSM-Firmenich AG or its wholly owned subsidiaries do not receive dividends.
in million |
|
EUR 31.12.2024 |
|
EUR 31.12.2023 |
|---|---|---|---|---|
Reserves from capital contributions |
|
22,771 |
|
23,145 |
Other statutory reserves |
|
7,687 |
|
7,687 |
|
|
|
|
|
Legal capital reserves |
|
30,458 |
|
30,832 |
Non-distributable legal capital reserves |
|
(1) |
|
(1) |
|
|
|
|
|
Legal capital reserves available for distribution |
|
30,457 |
|
30,831 |
Profit brought forward |
|
3,622 |
|
– |
Profit for the period |
|
667 |
|
3,870 |
|
|
|
|
|
Available earnings |
|
4,289 |
|
3,870 |
Forward contracts to repurchase shares |
|
(109) |
|
– |
Treasury shares |
|
(40) |
|
|
|
|
|
|
|
Earnings available for distribution |
|
4,140 |
|
3,870 |
Total legal capital reserves and earnings available for distribution |
|
34,597 |
|
34,701 |
The Board of Directors proposes the following repayment of reserves from capital contributions:
in million |
|
EUR 31.12.2024 |
|
EUR 31.12.2023 |
|---|---|---|---|---|
Proposed repayment of reservers from capital contributions |
|
380 |
|
415 |
Reserves from capital contributions to be carried forward |
|
22,391 |
|
22,730 |
Total |
|
22,771 |
|
23,145 |
The Board of Directors proposes the following dividend from available earnings:
in million |
|
EUR 31.12.2024 |
|
EUR 31.12.2023 |
|---|---|---|---|---|
Proposed dividend payment out of available earnings |
|
281 |
|
248 |
Available earnings to be carried forward |
|
4,008 |
|
3,622 |
Total |
|
4,289 |
|
3,870 |