DGAP-News: INDUS shareholders endorse continued growth strategy
(firmenpresse) - DGAP-News: INDUS Holding AG / Key word(s): AGM/EGM
INDUS shareholders endorse continued growth strategy
05.07.2011 / 16:24
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INDUS shareholders endorse continued growth strategy
- Positive sales and profit guidance for 2011
- 80 percent dividend increase approved by shareholders
Bergisch Gladbach, 5 July 2011 - Shareholders in SDAX-listed INDUS Holding
AG will benefit from the positive business trend experienced by the group
of mid-sized companies in 2010. Today's AGM in Cologne approved a
significant dividend increase to EUR 0.90 per share. This translates into a
total dividend payout of EUR 18.2 million, representing approximately 55
percent of the profit reported for the period.
In his speech to the AGM, INDUS Holding AG CEO Helmut Ruwisch confirmed his
confidence in the future of the Group by saying: 'I am confident that INDUS
will achieve sustained growth in 2011 and beyond.' The CEO emphasised the
strong 2010 balance sheet presented by INDUS as well as the impressive
dividend increase. Mr Ruwisch also confirmed the previous guidance for EUR
1 billion in sales and an EBIT margin in the 10+ percent range. 'Based on
the preliminary results for the first half of the year, we are optimistic
about meeting and exceeding these targets although we note the external
risk factors remain in place.' Rising costs of materials as well as the
debt crisis in the euro area were some of the risk factors he mentioned.
The attending shareholders endorsed the proposed appropriation of the net
profit, approved the actions of the members of the Management Board and the
Supervisory Board and agreed with the election of the auditors for the
company and Group accounts.
Items on the agenda also included an authorisation to issue option and/or
convertible bonds and to create additional authorised capital in an amount
of EUR 11.9 million. Both items were approved subject to a summary
limitation of the exclusion of shareholders' subscription rights to 20
percent of the existing share capital in case of contributions in kind.
Contact:
Regina Wolter
Corporate Communications&Investor Relations
Phone +49 2204 4000 70
E-Mail wolter(at)indus.de
End of Corporate News
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05.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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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: 620010Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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130943 05.07.2011
Datum: 05.07.2011 - 16:24 Uhr
Sprache: Deutsch
News-ID 34542
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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