DWS Group GmbH & Co. KGaA (DWS.F) reported earnings for its full year that increased from last year
The company's earnings totaled EUR655 million, or EUR3.28 per share. This compares with EUR551 million, or EUR2.76 per share, last year.
The company's revenue for the period rose 5.8% to EUR2.765 billion from EUR2.614 billion last year.
DWS Group GmbH & Co. KGaA earnings at a glance (GAAP) :
-Earnings: EUR655 Mln. vs. EUR551 Mln. last year.
-EPS: EUR3.28 vs. EUR2.76 last year.
-Revenue: EUR2.765 Bln vs. EUR2.614 Bln last year.
For the full-year 2024, the Board will propose a dividend of EUR 2.20 per share, higher than last year’s EUR 2.10 per share.
Looking ahead, for the full-year 2025, DWS has reiterated its earnings per share or EPS outlook of EUR 4.50, with an increase in revenue.
Further, the company aims for an EPS growth of 10 percent per year in 2026 and 2027 and a dividend pay-out ratio of around 65 percent.
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