DIVIDEND PROPOSAL 2024 € 0.578/share compared to € 0.55/share in the previous year
ALPHA TRUST HOLDINGS announced the financial results for the fiscal year 2024.
In 2024 ALPHA TRUST HOLDINGS showed an increase in all Key Figures as follows:
The 2024 Year End Assets under Management came up to € 1.86 billion compared to € 1.61 billion of 2023.
The turnover for the year 2024 amounted to € 9.19 million compared to € 8.47 million in the previous year, showing an increase of 8.53%.
EBITDA for the year 2024 amounted to € 2.77 million compared to € 2.15 million in the previous year, showing an increase of 28.48%.
Profits after tax from continuing operations for the year 2024 amounted to € 1.64 million compared to €1.34 million in the previous year, showing an increase of 22.17%.
The key indicators for the Group are as follows:
- Gross Profits Margin 66.89%
- Margin EBITDA 30.11%
- Profit margin before taxes 25.88%
- Net Profit Margin 17.90%
- Return on Assets 14.18%
- Return on Equity 21.90%
2024 Group Results Summary
| Amounts in € 000 | 2024 | 2023 | D% |
| Turnover | 9,199 | 8,476 | 8.53% |
| Gross profits | 6,153 | 5,495 | 11.98% |
| Gross Profit Margin | 66.89% | 64.83% | +206bps |
| Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) | 2,770 | 2,156 | 28.48% |
| EBITDA margin | 30.11% | 25.43% | +468bps |
| Earnings Before Taxes (EBT) | 2,381 | 1,798 | 32.39% |
| EBT margin | 25.88% | 21.22% | +466bps |
| Profits after Taxes | 1,646 | 1,347 | 22.17% |
Commenting on the financial results for the fiscal year 2024, the Chairman of ALPHA TRUST HOLDINGS, Mr. Phaedon Tamvakakis noted: “The year 2024 was a positive one for the Group, marked by an improvement across all key indicators. Nevertheless, the tectonic shifts in the global economic landscape will certainly affect our Company as long as they continue to impact the markets. We believe that ALPHA TRUST is well-prepared to navigate the volatility of the times and we hope that conditions will become more predictable as soon as possible”.
The Board of Directors will propose to the upcoming Ordinary General Meeting of Shareholders the distribution of a dividend of € 0.578 per share compared to € 0.55 per share in the previous financial year.
The Annual Financial Report is available on the Company’s website https://atrust.gr/ as well as on the Athens Stock Exchange website www.athexgroup.gr.
Kifissia, April 11th , 2025