19th of December 2018
Six months after the initial public offering of shares, Gradus AD presents information on the implementation of its investment program, as announced in the Prospectus for Public Offering of Securities.
The Company believes that the results of the investments are positive, as the management confirms the intention of the company to fulfill its commitments according to its dividend policy.
"We intend to propose to the General Meeting of Shareholders next year to pay 10 cents dividend per share. We also intend to use the legislative opportunity to pay six-month dividends, i.e. we are planning a second additional dividend by the end of 2019" announced Georgi Babev, a member of the Board of Directors of Gradus AD.
The implementation of the investment program includes both the development of production capacities and the launch of new products. So far, two centers in Ruse and Stara Zagora for parent flocks and broilers have been completed and operate in full capacity. In 2019 two more production centers in Ruse and one in Stara Zagora will be completed. The investments total to nearly BGN 9.7 million.
The product portfolio was enriched with a new special slow-growing chicken with exceptional taste and new fresh-dried sausages from the I Eat! brand. Additional information and photo material are available on the company's website: http://gradus.bg/drugi-dokumenti