Coteccons targets Quality Growth with 25 per cent dividend plan

Coteccons has reported strong performance in its 2025-2026 fiscal year, with revenue increasing by 38% to $1.37 billion and profit after tax rising 73% to $31.52 million. The company's operating cash flow turned around from negative to over $32 million, and its cash position reached nearly $320 million. These results demonstrate that revenue growth is being effectively converted into profit, cash flow, and balance-sheet strength.

In response to these positive results, Coteccons' Board of Directors plans to propose a 25% cash dividend at the Annual General Meeting (AGM), marking a shift towards a more balanced approach to reinvestment and shareholder value sharing. This decision is underpinned by the company's strong corporate governance, which has achieved an overall ESG score of 84% in the latest VNSI assessment.

Coteccons is transitioning from a 'Sales Mode' to a 'Saving Mode', driven by four to five years of recovery from a double crisis caused by COVID-19 and leadership disruption. While this does not mean scaling back ambitions, it does require a shift towards greater capital efficiency, focusing on disciplined project selection, working-capital control, optimal cash flow, and productivity improvements.

This new 'Saving Mode' aims to enhance return on equity, strengthen cash generation, and reinforce the company's ability to share value with shareholders.