AQUILA scores top marks for investor communication in VEKTOR by ARIR for the second consecutive year

Miruna Macsim 31/01/2024 | 11:16

AQUILA (symbol AQ), the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, receives VEKTOR by ARIR 10 for the second year in a row, thus confirming the company’s commitment towards implementing the best practices in investor communication.

 

Jean Dumitrescu, Investor Relations Director, AQUILA: “Since the company’s listing in November 2021, we have taken the necessary steps to be a transparent and proactive company in dialogue with investors and the capital market. We have followed the VEKTOR by ARIR methodology during this period and we are pleased with the maximum result obtained for the second year. We have noticed increased interest from local investors in AQ shares, in line with the presence of the products we distribute in over 90% of stores in Romania. We focus on maintaining and improving profitability and have recorded remarkable performances in all three business segments, taking firm steps towards development through company acquisitions.”

VEKTOR by ARIR, the indicator of the communication with investors for listed companies, was revised in 2023 for the Main Market, and it is based on 10 criteria in line with international best practices in investor relations (IR). The 10 criteria included in the VEKTOR by ARIR 2023 methodology for the Main Market are: Conferences dedicated to financial results; Access for investors to conferences; Availability of recording/transcript for teleconferences on the issuer’s website; Bilingual conferences – Romanian and English; Providing financial results in an easily processable format; Non-financial reporting; Presentation of the company’s management; Company’s policies – remuneration and dividends; Events dedicated to investors; Presentation for investors.

Daniela Maior (Șerban), ARIR President, MP VERTIK Group: “The capital market has evolved significantly in recent years, and along with it, the requirements of investors, who have become increasingly attentive to the companies they invest in. I congratulate the AQUILA team for the attention they have paid to the communication with investors, a pillar of sustainable development in the capital market. Achieving the highest score in both years demonstrates the importance that AQUILA places on the communication with shareholders and investors, through the adoption of the best practices and communication tools.”

The detailed VEKTOR by ARIR results for the year 2023 are available on the page of each issuer on the website of the Bucharest Stock Exchange (BVB).

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