Talde Promoción y Desarrollo, SCR distributes an interim dividend of 2 euros per share

August 01, 2024
  • The Company, which was founded in 1976, celebrated its 48th anniversary this year.
  • The Board of Directors approved an interim dividend of 2 euros per-share, representing 33.33% of its nominal value.

One month after the Ordinary General Meeting of Talde Promoción y Desarrollo, SCR, which approved the distribution of profits for 2023, including the distribution of 0.62 euros per-share, the company's Board of Directors has approved an interim dividend of 2 euros per-share for 2024. Shareholders will therefore receive a return this year equivalent to 43.6% of the nominal value of their shares.

As planned, the company formalised the sale of its 90% stake in Ñaming to the Taste of Italy 2 investment fund, managed by DeA Capital Alternative Funds SGR, after obtaining approval from the National Markets and Competition Commission (CNMC). The return on investment has been very satisfactory, which has allowed the company to approve this final dividend.

Talde Promoción y Desarrollo, SCR invested in Ñaming in 2014, when the company had a turnover of around €12 million and a solid and demanding growth and consolidation plan in the pipeline.

Currently, Ñaming is the Spanish leader in the production of sandwiches, fresh and ultra-fresh products which, from its production centres in Mallén (Zaragoza) and Madrid, both certified with IFS Food, produces more than 160,000 units per day with the highest quality and safety standards.  In these 10 years as a shareholder and with a turnover in excess of 40 million euros, Ñaming has established itself as the clear leader in the sandwich market in Spain.