Long-standing shareholders to receive a 10% bonus
Esker, a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, today announced that during its annual meeting held on June 21, 2023, at the company headquarters, Esker CEO Jean-Michel Bérard presented the company’s performance in 2022, with sales revenue and net income up 19% and 25%, respectively. These excellent results reaffirm Esker’s ability to generate strong growth while delivering significant profitability through its cloud business model.
Continued growth momentum
Mr. Bérard also provided an update on the business for the current year: Q1 2023 sales revenue amounted to 42.8 million euros, a 17% increase based on current exchange rates (+15% based on constant rates). Over the same period, bookings grew 19% over Q1 2022.
Esker’s Q2 2023 financial results will be published on July 18, 2023. Mr. Bérard confirmed that the company expects revenue growth of 13-15% (excluding acquisitions and currency effects), with profitability between 12-14%.
A dividend of €0.75 per share
As a result of this confidence in both its strategy and market positioning, Esker will pay €0.75 per share as dividend to its shareholders, an increase of 25% compared to the previous year. This dividend represents 25% of the results achieved in 2022, in line with Esker’s previous dividend distribution policies.
The coupon detachment date was fixed on June 23, 2023, with a record date of June 26, 2023, with payment to be completed by June 27, 2023. In accordance with the company’s Articles of Association, shareholders who have held their shares in registered or administered registered form for at least two years will receive a 10% loyalty bonus (a bonus dividend of €0.825 per share).
Read the full press release here.
