DGAP-News: INDUS on its way to the previous level of profitability

DGAP-News: INDUS on its way to the previous level of profitability

ID: 23351

(firmenpresse) - INDUS Holding AG / AGM/EGM

01.07.2010 16:18

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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INDUS on its way to the previous level of profitability
- EBIT projections raised to EUR 70 million

Bergisch Gladbach, July 1, 2010 - At today's ordinary Annual General
Meeting of SDAX-listed INDUS Holding AG, a large majority of the
shareholders approved all items on the agenda as well as the acts of the
Management Board and the Supervisory Board. There was also a clear vote in
favour of Supervisory Board member Carl-Martin Welcker, who had been
appointed to this position by the court in February 2010. His appointment
became necessary when long-serving member Günter Kill resigned from the
Supervisory Board.

The medium-sized holding company will distribute a dividend of EUR 0.50 per
share for the fiscal year 2009 (previous year: EUR 0.80). 'This is our
response to the crisis-related decline in earnings,' said Helmut Ruwisch,
CEO of INDUS Holding AG. At the same time, he emphasised that INDUS intends
to raise the dividend again as soon as possible. In his upbeat speech, the
CEO said that 'The results of the first five months make us optimistic. We
have clearly turned around and believe that we will grow noticeably in the
current fiscal year.'

INDUS has clearly raised its sales and earnings projections for the current
fiscal year, with sales expected to reach EUR 850 million (formerly EUR 800
million) and earnings before interest and taxes (EBIT) projected to
increase to EUR 70 million (formerly between EUR 60 and 70 million).


Contact:
Regina Wolter
Corporate Communications&Investor Relations




Phone +49 2204 4000 70
E-Mail wolter(at)indus.de




01.07.2010 16:18 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Deutschland
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: indus(at)indus.de
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, München, Hamburg, Stuttgart

End of News DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 01.07.2010 - 16:18 Uhr
Sprache: Deutsch
News-ID 23351
Anzahl Zeichen: 0

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Kategorie:

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