Following the sale of Sofinsod and its 19.6% stake in Bellon SA, it was decided to distribute in full the sale proceeds for an amount of 918 million euros in the form of a special interim dividend of 6.24 euros per share (before premium). This dividend was paid on August 29, 2024.
The Board of Directors meeting on October 23, 2024, has decided to propose to the Annual Shareholders Meeting on December 17, 2024 a dividend (before premium) of 2.65 euros per share for Fiscal 2024, in addition to the dividend already paid in August 2024.
Items recognized directly in Other Comprehensive Income are shown below:
| not included | FISCAL 2024 | EXERCICE 2023 | ||||
|---|---|---|---|---|---|---|
| (in million euros) | INCREASE/ (DECREASE) DURING THE YEAR, PRE-TAX | INCOME TAX (EXPENSE)/ BENEFIT | INCREASE/ (DECREASE) DURING THE YEAR, NET OF TAX | INCREASE/ (DECREASE) DURING THE YEAR, PRE-TAX | INCOME TAX (EXPENSE)/ BENEFIT | INCREASE/ (DECREASE) DURING THE YEAR, NET OF TAX |
| Financial assets measured at fair value through other comprehensive income* | 186 | (6) | 180 | 197 | (7) | 190 |
| Share of other components of comprehensive income/ (loss) of companies accounted for using the equity method | — | — | — | — | — | — |
| Remeasurements of net defined benefit obligation | (34) | 7 | (27) | (104) | 39 | (65) |
| Currency translation adjustment | 412 | — | 412 | (398) | — | (398) |
| TOTAL OTHER COMPREHENSIVE INCOME/(LOSS) | 564 | 1 | 565 | (305) | 32 | (273) |
| TOTAL OTHER COMPREHENSIVE INCOME/(LOSS) from continued operations | 38 | 1 | 39 | (329) | 34 | (295) |
| TOTAL OTHER COMPREHENSIVE INCOME/(LOSS) from discontinued operations | 526 | — | 526 | 24 | (2) | 22 |
Sodexo takes a long-term view in managing its capital structure, with the objective of ensuring the Group’s liquidity, optimizing its financial structure and allowing shareholders to benefit from its strong cash flow generation.
Contributing to decisions made may be objectives for earnings per share or estimated future cash flows, or for balancing various components of the consolidated statement of financial position in order to meet the net debt criteria defined by Group management and communicated to the marketplace.
The table below presents the calculation of basic and diluted earnings per share:
| not included | FISCAL 2024 | FISCAL 2023 |
|---|---|---|
| Net profit attributable to equity holders of the parent (in million euros) | 168 | 794 |
| Net profit from continued operations attributable to equity holders of the parent (in million euros) | 738 | 560 |
| Net profit from discontinued operations attributable to equity holders of the parent (in million euros) | (570) | 234 |
| Basic weighted average number of shares | 146,451,943 | 146,127,620 |
| Basic earnings per share (in euros) | 1.15 | 5.44 |
| Net profit of the year from continuing operations - Group share per share (in euros) | 5.04 | 3.83 |
| Net profit of the year from discontinued operations - Group share per share (in euros) | (3.89) | 1.61 |
| Average dilutive effect of free share plans | 1,622,069 | 1,570,255 |
| Diluted weighted average number of shares | 148,074,012 | 147,697,874 |
| Diluted earnings per share (in euros) | 1.13 | 5.38 |
| Net profit of the year from continuing operations - Group share diluted per share (in euros) | 4.98 | 3.80 |
| Net profit of the year from discontinued operations, - Group share diluted per share (in euros) | (3.85) | 1.58 |
