INDUS Holding AG

Earnings Release • Jul 1, 2009

News Details

Corporate | 1 July 2009 15:30

INDUS Holding AG: All items on AGM agenda carried by large majority / Shareholders endorse work of the Management Board and the Supervisory Board

INDUS Holding AG / AGM/EGM

Release 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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Bergisch Gladbach, July 1, 2009 - All items on the AGM agenda were today
carried by a large majority of shareholders in SDAX-listed INDUS Holding
AG, a company with diversified interests in mid-sized businesses. This
means that the company will go ahead with the proposed dividend payment of
EUR 0.80 per share (previous year: EUR 1.20). 'Our payout ratio of 49
percent reflects a sound balance between letting our shareholders partake
of the results of our successful financial year 2008 on the one hand and
strengthening our equity base on the other,' said Helmut Ruwisch, Chairman
of the Management Board of INDUS Holding AG, commenting on the continued
turbulence in the company's business environment.

Other motions carried by shareholders included an authorisation to acquire
own shares and create authorised capital, the formal approval of the work
of the Management Board and the Supervisory Board as well as the
appointment of the auditors. A large majority of the AGM confirmed Burkhard
Rosenfeld's appointment as a member of the Supervisory Board. Mr Rosenfeld
had served as court-appointed member on the Supervisory Board since
November 2008 following the health-related resignation from the Supervisory
Board by long-serving Supervisory Board Chairman Dr. Winfried Kill.

The persisting weakness in the economic environment continues to weigh on
the operating performance of the currently 41 investee companies which are
predominantly active in the construction, engineering, motor vehicles and
consumer goods sectors. 'While we posted a positive result, we are not
satisfied with our business trend in the first quarter,' Helmut Ruwisch
emphasised. 'But we took early measures to adjust our set-up to the
dramatically deteriorated economic situation.' These measures have included
a continued flexibilisation of manpower structures, tight cost management
as well as strict working capital management and a restrictive capital
spending policy. Overall, Mr Ruwisch demonstrated optimism against the
background of the massive economic crisis, saying: 'Our business model
based on broad diversification across a wide portfolio will prove its worth
in this environment. In addition, we are now reaping the rewards of our
solid and long-term oriented financing policy in prior years - even in
years of crisis, INDUS can pursue an anticyclical strategy and act on
opportunities to expand and restructure its portfolio with a view to
sustained success in the future.'
01.07.2009 Financial News transmitted by DGAP

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Language: English
Issuer: 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@indus.de
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Hamburg, München, Stuttgart

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