ZEAL Network SE: Strong Growth, Dividend Increase
The Annual General Meeting of ZEAL Network SE, a renowned German online lottery operator, saw a large turnout in the company’s 25th anniversary year. Approximately 72% of the voting capital was represented at the meeting.
CEO Helmut Becker expressed his enthusiasm for the milestone, saying, “Together, we are not only celebrating ZEAL’s 25th anniversary, but also 25 years of online lottery in Germany.” He cited the successful launch of online games, increasing brand awareness of LOTTO24, and improved client loyalty as important drivers of the company’s growth in 2023.
Dividend Increases and Future Prospects
Shareholders approved a dividend increase from €1.00 to €1.10 per share, representing a 10% increase over the previous year. The entire dividend payout totaled €23.8 million, demonstrating the company’s commitment to repaying its shareholders.
CEO Helmut Becker underscored ZEAL’s strategic direction, aiming for a 50 percent market share in the long term. ZEAL is well-positioned for long-term success since it has expanded its business model and promoted innovation.
Positive Resolution and Shareholder Engagement
All motions offered by management were welcomed with strong shareholder support, demonstrating confidence in ZEAL’s leadership and growth direction. The company is looking forward to working with shareholders to continue its success story and provide value to all stakeholders.
ZEAL Network SE’s strong performance, dividend increase, and strategic vision demonstrate its tenacity and dedication to achieving growth in the online lottery sector. With a solid foundation and ambitious aspirations, ZEAL is prepared for continued success in the next years.