Dividends policy

In the forthcoming years, Nightingale will focus on funding its growth and business development. Nightingale is committed to a very strict dividends policy, which is linked to Nightingale’s results and financial standing. Nightingale does not expect to distribute dividends in the short- or mid-term time periods.

Financial year 2020–2021

The Board of Director's proposal on the management of the result of the financial period

The parent company’s distributable non-restricted equity on 30 June 2021 was EUR 122,586,544. The parent company’s net loss for the financial period totaled EUR -10,755,180.

The Board of Directors proposes to the Annual General Meeting that no dividend will be distributed for the financial year 1 July 2020 – 30 June 2021 and that the loss of the financial year is recorded in the retained earnings.