Nicosia, Cyprus. Demetra Holdings Plc held its twenty-sixth annual general meeting in Nicosia on June 30, approving a final dividend of €0.10 per share and issuing a warning of lower profit for the first half of 2026.
Dividend approval
The board of directors secured approval for a final dividend of €0.10 per share, the first such distribution by the company in two decades.
The total dividend amounts to €20 million and will be paid within 90 days of the approval. The company said the record date is July 9, 2026.
Trading of the company’s shares without dividend entitlement will begin on July 8, 2026.
Financial performance
During the meeting, first executive director Kleanthes Chandriotes presented the company’s financial performance for the year ended December 31, 2025.
The group reported net profit after tax of €10.66 million, lower than the previous year, when results had been supported by substantial one-off gains.
The 2025 results were supported by interest income of €6.88 million and rental income of €2.78 million. Operating expenses were reduced by 9 per cent.
Outlook
Demetra Holdings said it expects profits in the first half of 2026 to be lower than in the corresponding period of 2025.
The company said the expected decline is mainly due to anticipated losses from investments on the Cyprus Stock Exchange, compared with positive gains recorded in the same period a year earlier.