DGAP-News: Augusta Technologie AG: Dividend Proposal
(firmenpresse) - DGAP-News: Augusta Technologie AG / Key word(s): Dividend
Augusta Technologie AG: Dividend Proposal
13.03.2012 / 13:23
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AUGUSTA Technologie AG proposes higher dividend payment
- Proposed dividend of EUR 0.60 per share
- High level of liquidity still available for acquisitions in Vision
segment
Munich, March 13, 2012. Against the background of the Group's strong
business performance and comfortable capital base and liquidity, the
Managing Board of AUGUSTA Technologie AG (ISIN DE000A0D6612) is proposing a
dividend of EUR 0.60 per share (previous year: EUR 0.45 per share). In its
balance sheet meeting held on March 12, 2012, the Supervisory Board has
already agreed to the dividend proposed by the Managing Board. The Annual
General Meeting will be held on May 12, 2012 in Munich and will pass a
resolution on the proposed dividend.
The net income for the period from continued operations (adjusted for the
value adjustment in relation to P+S Technik GmbH of EUR 4.37 million) rose
sharply by 60.5 percent to EUR 8.96 million (previous year: EUR 5.59
million). In line with AUGUSTA's long-term dividend goal of distributing
around 30 percent of annual net profit, this produces a dividend of about
EUR 0.35 per share. Following the sale of the Sensortechnics Group and the
resulting extraordinary earnings of EUR 32.48 million, AUGUSTA is raising
its dividend to 0.60 per share so that shareholders can also participate in
the success of the sale.
With 7.67 million shares entitled to a dividend, the total amount for
distribution would accordingly be about EUR 4.6 million.
AUGUSTA intends to invest most of the proceeds from sale of the
Sensortechnics Group into developing the company into the world-leading
Vision Technology Company. With cash reserves of EUR 65.9 million as at
year-end 2011, AUGUSTA is in an excellent position to continue implementing
its acquisition strategy in the Vision segment even after the dividend
distribution in May 2012.
AUGUSTA Technologie AG
Stefanie Zimmermann
Investor Relations&Corporate Communications
Willy-Brandt-Platz 3, D-81829 Munich
Tel: +49 - (0)89 - 43 57 155 - 19
Fax: +49 - (0)89 - 43 57 155 - 59
E-mail: investor-relations(at)augusta-ag.com
The company
AUGUSTA Technologie AG is an integrated technology company with a focus on
niche markets of digital image processing and optical sensors.
Through its core Vision Technology segment, the company supplies digital
cameras and optical sensor systems for enhancing quality, safety and
efficiency. It develops and produces both standard products and
customer-specific systems for a broad range of uses in a number of sectors
including manufacturing, medical technology, multimedia, transport and
security technology. AUGUSTA is marked by its international presence and
excellent customer service.
According to interim figures, in the 2011 fiscal year AUGUSTA generated
consolidated sales revenues of EUR 101.3 million and earnings before
interest, tax, depreciation and amortization (EBITDA) of EUR 17.8 million.
End of Corporate News
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13.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Augusta Technologie AG
Willy-Brandt-Platz 3
81829 München
Germany
Phone: +49-(0)89-4357155-19
Fax: +49-(0)89-4357155-56
E-mail: stefanie.zimmermann(at)augusta-ag.com
Internet: www.augusta-ag.com
ISIN: DE000A0D6612, DE0003705992
WKN: A0D661, 370599
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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