Quadpack Industries announces that it will apply a gross dividend per share of €0.27, charged to the results of 2017. The dividend was agreed at its Annual General Meeting held at its Barcelona headquarters on 17 July 2018 and is in accordance with its financial policy.
Quadpack's financial policy attributes one third of net results to dividend, in order to reward shareholder loyalty. This is the third consecutive year that dividend is paid since its private listing on Euronext Access in April 2016.
Quadpack Industries, a manufacturer and provider of packaging solutions to the global beauty industry, delivered strong results in 2017, thanks to its diversified business model and sustainable growth strategy, which looks set to continue in the next financial year. Quadpack closed the 2017 financial year ending 31 January 2018 with €90.7m turnover and 29% growth.