Asfinag Pays First Dividend Since 2008

BusinessEconomy ♦ Published: September 8, 2011; 12:10 ♦ (Vindobona)

A pending lawsuit might cost the Austrian motorway financing company up to € 37m. Full-year profit is still expected to rise.

Asfinag Pays First Dividend Since 2008 / Picture: © Asfinag

Asfinag announced a dividend payment of € 30m for the year 2011. It is the first dividend paid by the company since 2008 when the state also received € 30m.

The company’s outlook for the current year improved despite the dividend payment. At year-end 2011 debt is forecast to amount to € 12.005bn. In May Executive Director Klaus Schierhackl still expected an amount of €…