Ackermans & van Haaren realised a net profit of 399.2 million euros, thanks to a record performance of its core participations

Ackermans & van Haaren (AVH) is a Dutch retail company that operates in various sectors such as fashion, home, and food. The company has reported a net profit of 399.2 million euros for the year ended December 31, 2022. This represents an increase of 47% compared to the previous year's net profit of 268.5 million euros.

The growth in equity per share over the past year was 9.6%, while it has compounded at a rate of 9.8% over the last 10 years. This indicates that the company has been able to generate strong returns for its shareholders over this period.

In addition, AVH has announced an increase in the dividend per share to 3.40 euros, which represents a +9.7% increase compared to the previous year's dividend of 3.12 euros per share. This move is expected to provide additional returns for shareholders and further strengthen their confidence in the company.

The strong performance of AVH can be attributed to several factors, including its focus on innovation and sustainability, as well as its ability to adapt to changing consumer preferences and market conditions. The company has also been able to leverage its strong brand recognition and customer loyalty to drive growth and increase profitability. Overall, AVH's impressive financial results and continued growth prospects make it an attractive investment opportunity for potential shareholders.