Waberer’s Group is concentrating its available financial resources for supporting the new strategy of International Transportation Segment (ITS) (launch of “trade lane model”) and for financing the potential growth of the Regional Contract Logistics segment (RCL).
In parallel with supporting the core business segments, the Group is focusing on keeping the leverage ratio (calculated as net debt /EBITDA) at a healthy level commonly agreed with our financing partners.
For being able to execute the above financing plan, Waberer’s Group does not plan to pay dividends in short term.
In mid term, the Board of Directors intends to examine the possibility of adapting a Dividend Policy which could both maximize the shareholder value and retain sufficient capital necessary for ongoing operational requirements and also future growth.
Waberer’s did not pay any dividends for any of the financial years ending 31 December 2017, 2018, and 2019.