KBC Ancora closes financial year 2015/2016 with a negative result of EUR 21.0 million

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26 August 2016

Regulated information, Leuven, 26 August 2016 (17.40 hrs CEST)

KBC Ancora recorded a loss of EUR 21.0 million in the financial year 2015/2016, equivalent to EUR 0.27 per share. This compares with a profit of EUR 133.7 million in the previous financial year. The loss in the second half of the financial year was EUR 10.5 million, or EUR 0.13 per share. Since KBC Group did not distribute a dividend in respect of the last financial year, the result for the year under review was determined primarily by the usual operating costs (EUR 2.3 million) and interest charges (EUR 18.8 million).
As announced earlier, KBC Ancora will not be distributing a dividend in respect of the year under review.

Read the full version of the press release.