Dividend proposal 2024
In 2024, PostNL's normalised comprehensive income amounted to €38 million (2023: €52 million).
PostNL Normalised comprehensive income in € million
2023, 2024
| Year ended at 31 December | 2023 | 2024 |
|---|---|---|
| Profit for the year | 56 | 18 |
| Other comprehensive income | (8) | 8 |
| Comprehensive income | 47 | 26 |
| Normalisations on EBIT (less statutory tax) | 6 | 11 |
| Normalise result from discontinued operations | (1) | 1 |
| Normalised comprehensive income | 52 | 38 |
Our dividend policy states that dividend distribution is conditional on being properly financed in accordance with our financial framework. PostNL is steering for a solid balance sheet with a positive consolidated equity, aiming at a leverage ratio not exceeding 2.0 and applying strict cash flow management. This condition was met at the end of 2024. As a result, PostNL will recommend to the Annual General Meeting of Shareholders, to be held on 15 April 2025, a pay-out of 80% of normalised comprehensive income for 2024. This results in a proposed dividend of €0.07 per ordinary share (2023: €0.09). €0.03 was paid as an interim dividend, so the final dividend to be paid in May 2025 will be €0.04 per share.