KBC Ancora, a Belgian investment company holding an 18.6% stake in KBC Group, announced a net profit of €368.3 million for the fiscal year 2023/2024. This represents a significant increase from the €298.9 million profit reported in the previous year. The company’s results were driven by strong dividend income from its KBC Group participation and solid interest income. KBC Ancora has declared that it will not be issuing a final dividend, with an interim dividend of €4.09 per share having been paid in June 2024. Looking ahead, KBC Ancora expects to continue its strong performance in the current fiscal year 2024/2025, driven by its existing dividend policy and its commitment to its shareholders. The company’s board of directors will present the annual financial results to the general meeting of shareholders on October 25, 2024, for approval.
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