Esker to Pay €0.65 per Share as Dividend for 2023
June 20 2024 - 12:09PM
Business Wire
Esker, a global cloud platform and leader in AI-driven process
automation solutions for Finance, Procurement and Customer Service
functions, today announced that during its annual meeting held on
June 19, 2024, at the company headquarters, Esker CEO Jean-Michel
Bérard presented the company’s performance for FY 2023, which saw
record sales momentum.
Esker’s sales growth was solid at 12%, while operating income
represented 10% of sales. Despite a difficult economic climate,
Esker succeeded in maintaining strong organic sales growth,
accelerating its sales performance and preserving talent, while
maintaining a fundamentally profitable and cash-generative
structure.
In 2023, Esker demonstrated strong resilience and sustained
growth despite a tense macroeconomic and geopolitical context.
Sales rose by 12% (14% at constant exchange rates) to €178.6
million.
New contracts signed increased by 23% with a noticeable
acceleration towards the end of the year, particularly in Europe
and the United States. However, operating profitability (10% of
sales) was down by 3.5 points compared with 2022, due to higher
sales costs and expense inflation. Esker therefore adjusted its
recruitment strategy to improve margins in 2024.
A dividend of €0.65 per share
Confident in its strategy and market positioning, Esker is
distributing a dividend of €0.65 per share to shareholders, down
15% from the previous year. This distribution is in line with the
company’s usual policy of paying out 26% of the year’s net
income.
The coupon detachment date has been set at June 24, 2024, with a
record date of June 25, 2024, and payment will take place on June
26, 2024. In accordance with the company’s bylaws, shareholders who
have held their shares in registered or administered registered
form for at least two years will receive a loyalty bonus of 10%
(i.e., a bonus dividend of €0.71 per share).
Supervisory Board welcomes a new member
Shareholders approved the appointment of Ameeta Soni to the
Esker Supervisory Board. This appointment reaffirms Esker’s
commitment to promoting sustainable development, gender diversity
and good governance practices. As Esker continues to innovate and
expand its global reach, Ameeta Soni’s leadership will contribute
to the company’s overall growth.
About Esker
Esker is a global cloud platform built to unlock strategic value
for Finance, Procurement and Customer service professionals, and
strengthen collaboration between companies by automating the cash
conversion cycle. Esker’s solutions incorporate AI technologies to
drive increased productivity, enhanced visibility, reduced fraud
risk, and improved collaboration with customers, suppliers and
employees. Founded in 1985, Esker operates in North America, Latin
America, Europe and Asia Pacific with global headquarters in Lyon,
France, and U.S. headquarters in Madison, Wisconsin. For more
information on Esker and its solutions, visit www.esker.com. Follow
Esker on LinkedIn and join the conversation on the Esker blog at
esker.com/blog.
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version on businesswire.com: https://www.businesswire.com/news/home/20240620664973/en/
Press Contact: Lindsey Harrison Tel: (630) 730-1808 |
eskerpr@walkersands.com
Investor Relations Contact: Emmanuel Olivier Tel: +33
(0)4 72 83 46 46 | emmanuel.olivier@esker.com