ÖKOWORLD (ÖWAG) reported strong 2016 results. The operating business environment was challenging, mainly due to high volatility in the relevant SRI financial market segment, but the group’s net earnings were strong, boosted by €3.6m in dividend income from its holdings in subsidiaries. These more than compensated for a €2.9m decline in performance fee income. Cost cuts of €600k also contributed to a €1.6m increase in net profits to €4.6m. ÖWAG increased the dividend to 51 cents (+13%).

Continue reading

This version is programmatically created by Responsive Labs and qualified in its entirety to the original PDF.

Powered by Responsive Labs