MOL’s Annual General Meeting approves a dividend of HUF 220 billion

At MOL Group’s Annual General Meeting, shareholders approved the Board of Directors' report on the 2024 financial results and adopted the consolidated financial statements. The General Meeting decided to pay a dividend of HUF 220 billion, and re-elected Zsigmond Járai, Dr. László Parragh and Dr. Martin Roman to the Board of Directors. 

MOL Group’s profit before tax in 2024 amounted to USD 1.500 billion, a 23% decrease compared to 2023 primarily due to the normalizing industry environment and worsening macroeconomic environment.  

The General Meeting approved the Board of Directors' dividend proposal of HUF 220 billion, a 10 percent increase compared to last year, that implies a base dividend of around HUF 165 per share and an additional special dividend amounting to around HUF 110 per share, totalling to around HUF 275 per share. 

The General Meeting re-elected Zsigmond Járai, Dr. László Parragh and Dr. Martin Roman to the Board of Directors for a five-year period. 

Zsolt Hernádi, Chairman and CEO of MOL Group commented the results: „We had to perform in a world burdened with geopolitical and macroeconomic challenges, and that is why I am proud that we achieved significant success and met our financial objectives last year despite all the difficult circumstances. The future brings many uncertainties, but the task is clear for us: to continue increasing our competitiveness by following our own path. We will continue the smart transition in refining, build competitive and sustainable petrochemicals, develop a strong domestic and extensive international exploration and production portfolio, develop a true retailer attitude, and focus heavily on the circular economy. Of course, we will do all this with maximum efficiency so that we can continue creating value for our shareholders.”

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