KBC Ancora closes financial year 2021/2022 with a profit of EUR 804.8 million

Leuven, 26 August 2022 (17.40 hrs CEST)

KBC Ancora recorded a profit of EUR 804.8 million in the financial year 2021/2022, equivalent to EUR 10.28 per share. This compares with a profit of EUR 529.7 million in the previous financial year. This result was determined principally by the high dividend income received from the participating interest in KBC Group (EUR 821.7 million). The result in the previous financial year was due in very large part to the reversal of the remaining impairments on the participating interest in KBC Group (EUR 511.7 million). The result in the second half of the financial year was EUR 580.9 million, or EUR 7.42 per share.