Issue link: https://maltatoday.uberflip.com/i/1499533
2 NEWS 18.5.2023 GO plc's board of directors has rec- ommended a dividend of €0.09 cents per share, bringing total dividend dis- tribution for 2022 to €0.15c per share, GO chairman Lassaad Ben Dhiab an- nounced during the company's Annual General Meeting. "Despite challenges we have faced over the past few years, GO has continued to grow, innovate, and maintain a balance between customer needs and long-term sustainability," he said. "As a result, the GO Group is not only in a position to consider 2022 as a re- cord year but the company is now even more confident in its ability to continue to thrive in the evolving telecoms land- scape with a clear vision and ambitious strategy." Ben Dhiab said that he was proud to witness the resilience and determina- tion of the company and that these re- sults continue to reconfirm GO's suc- cessful history of delivering value to customers and shareholders, meeting growing demands, and ensuring that everyone remains connected. On his part, GO's CEO Nikhil Patil noted how economic and political un- rest in Ukraine and the Middle East to- gether with the persisting inflation and slowdown in the wider supply chain have also impacted GO. "Nonetheless, we managed to over- come the challenges and for the first time in GO's history, we achieved rev- enues of €214.6 million, representing a 10.8% year on year growth, and EBIT- DA of €81.4 million which equates to an 11.1% year on year growth." "Beyond this financial achievement, 2022 remains a rewarding year because we continued to grow and exceeded our targets, continued to invest and diver- sify the business, brought greater value to our customers and shareholders and made their lives better every day." Patil reflected on GO's role in the Mal- tese community, on its core beliefs and on its purpose as a Maltese company. "ere are lot of services that the community depends upon from health care, education, air traffic services and many more that we take for granted, all of which are delivered over our reliable and resilient infrastructure." "Delivering these services is a huge re- sponsibility, and one which we take very seriously. e success we have achieved was possible because we are not only a technology company but also a People company where everything we do is as- sessed through the lens of our Purpose, which is to drive a Digital Malta where no one is left behind," Patil said. "Every working moment we focus on delivering the best possible customer experience, coupled with innovative products and services, and increased value for money. Today, we support over half a million customer connections daily. Our TV channel TOKIS, Malta's only library dedicated to Maltese TV content offering over 1000 hours of en- tertainment, has been a huge success, so far registering over 4 million viewers, with at least 155,000 viewers daily. Our efforts have contributed to making GO the fastest growing TV and broadband provider during 2022." Patil also made reference to the com- pany's environmentally sustainable ef- forts, explaining how GO is also helping its customers achieve their own sus- tainability goals. rough a number of initiatives and company-wide efforts, GO is well on track to reduce its carbon footprint by 21% by 2024 and source 25% of our energy needs from renewa- ble sources. "However, our success is the result of the relentless efforts of our People, our biggest asset. Whilst we strive daily to deliver a better service to our custom- ers, we do not fall short of looking af- ter the well-being of our people. In fact, GO has been exemplary in setting in- dustry standards when it comes to em- ployee well-being. We have recently in- troduced a four-week paid leave policy for employees experiencing pregnancy loss, as well as a 4-week paid leave for non-birthing parents, amongst a host of other initiatives we launched through- out the year in favour of our People," he said. GO chairman tells AGM 2022 was a 'record year' for the telecoms company Shareholders to benefit from €0.09 cents dividend per share bringing total dividend distribution for 2022 to €0.15c per share GO Shareholders attending the AGM were told that a 9c dividend per share had been approved by the board of directors IN an uncertain world of ris- ing costs and ongoing labour shortages, finding new ways to improve performance is ever more critical for businesses of all sizes, across all sectors. In this context, FLOW 23 – the digital transformation event, will provide an opportunity for entrepreneurs and senior managers to explore the latest technologies and strategies that could give them an edge. Taking place on 1 June 2023, FLOW 23 is being organised by digital transformation spe- cialists 4Sight Group with the support of The Malta Cham- ber of SMEs. The event will take place at Giardini Lam- brosa, limits of Rabat, and will be free of charge, sub- ject to registration. As was the case during the inaugural Flow event in 2022, partici- pants will not only hear from industry experts and thought leaders on key topics like au- tomation and Artificial Intel- ligence. They will also have opportunities to network and to participate in various in- teractive workshops where attendees can work on re- al-world challenges and de- velop solutions for their own businesses. Maurizio Mamo, CEO at 4Sight Group, said, "FLOW 22 was a real success which highlighted just how much business leaders in Malta want to explore and under- stand digital innovation. En- couraged by this, we have been working hard to deliver an even better event this year which will look at how digi- tal transformation can help companies across all aspects of their business from supply chain and human resources to marketing and accounting. The agenda for FLOW 23 is certainly a busy one and we are confident attendees will leave with plenty of new ideas on how they can further opti- mise their organisations." Spaces for the event are limited and available on a first-come, first-served ba- sis. FLOW 23 has also been accredited with 4.25 hours of structured CPE qualifying under Professional Develop- ment competency as per the Accountancy Board Accredi- tation rules. More information available at https://www.flow.mt/. Digital transformation event returns for second edition The digital transformation event will provide an opportunity for entrepreneurs and senior managers to explore the latest technologies and strategies that could give them an edge