Credit

DoValue confirms return to dividend and opens to a buyback

The credit servicing group proposed a dividend of EUR 0.0923 per share

by R.Fi.

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

DoValue confirms return to dividend and opens up buyback leverage. In fact, the group active in credit servicing proposed a dividend of EUR 0.0923 per share and indicated the possibility of initiating a share buyback programme after the shareholders' meeting.

The move for the group led by Manuela Franchi marks a decisive return to capital distribution, supported by growing 2025 results. According to the financial statements approved yesterday by the Board of Directors, the group reported adjusted EBITDA of EUR 217 million, up 32%. Net profit, excluding non-recurring items, more than tripled to EUR 25 million.

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Results that, as mentioned, allow the group active in credit management to propose a dividend of EUR 0.0923 per share, equal to a total distribution of approximately EUR 17.5 million. At the same time, in order to increase shareholder remuneration, the Board of Directors "will evaluate the possibility of resolving on a potential share buyback programme" following the approval of the annual financial statements by the shareholders' meeting.

On the revenue side, the group recorded EUR 580 million (+21%), driven by an improved mix and the growing contribution of non-NPL activities. Margins also increased, with Ebitda margin at 37.4 per cent.

Cash generation remains one of the strengths. Free cash flow reached 101 million, while flow before debt stood at 76 million, above target. At the same time, deleveraging continued: leverage dropped to 2.0x (from 2.4x), fully in line with targets.

On the commercial side, doValue exceeded its growth targets with EUR 14.5 billion in new business, already above guidance (by more than 12 billion) and ahead of the three-year plan, while collections rose to EUR 5.5 billion (+15%). The managed portfolio also remained solid, stable at around 136 billion, with an improvement in asset quality.

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