Genova updates strategy and targets for strengthened profitable growth and decides on amended dividend policy with regular dividend payments
The Board of Directors of Genova has updated the company’s strategy and targets, and has adopted an amended dividend policy. In parallel, the company’s operational targets will cease to apply. Removing the operational targets will make Genova more flexible, enabling the company to focus on the property segments that offer the best potential for profitable growth. Under the amended dividend policy, at least one third of income from property management will be distributed to shareholders on a quarterly basis. “Genova’s far-reaching expertise in the fields of property and finance, combined