Management continues to closely monitor the group’s financial position and remains focused on effective cash management, specifically in the areas of working capital in conjunction with customer requirements, cost control and capital expenditures, taking into account planned investments required in new or upcoming customer models and facelifts. Metair’s dividend policy is to pay dividends that are covered by earnings (dividend cover) between two and four times.
The board decided not to declare a dividend for the year.
Analyst coverage