A dividend per share of euro 0.21 for 2005 has been approved be the Annual Shareholders Meeting of Autohellas ATEE, that took place on the 11th of May 2006. Dividend yield stands at 55,4% taken the closing price on the same day. Shareholders who are on record at the end of the trading day on the 15th of May 2006 are entitled to the dividend. Ex dividend date is the 16th of May 2006 and payment will be made on Wednesday 24 May 2006 through the National Bank of Greece.
In regard to the company's financial results, an increase of 3% on turnover reported Autohellas - Hertz at the end of 2005. Consolidated turnover reached euro 107,5 mill. from euro 104,4 mill. the previous year. Profits after tax reached 15,9 mill. from 16,9 mill. in 2004.
It is worth mentioning that the purchase value of the fleet at the end of 2005 was euro 238 millions, whereas total investment for the whole year for fleet renewal and expansion reached euro 83 million. In 2005, Autohellas's fleet remained the largest in the market with 23.500 vehicles under its management.
In June 2005, Autohellas-Hertz expanded its operation in Cyprus through a new subsidiary that operates as a Hertz representative, under a franchisee license that was granted to Autohellas.
In addition, since July 2005, Autohellas holds 50% of Eltreka S.A., the largest independent importer and trader of vehicles' spare parts. The remaining 50% is owned by ELTRAK S.A.