Earnings Release • Jun 24, 2013
Earnings Release
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Corporate | 24 June 2013 14:00
Annual General Meeting of INDUS Holding AG supports growth strategy
INDUS Holding AG / Key word(s): AGM/EGM
24.06.2013 / 14:00
Annual General Meeting supports growth strategy
– First milestones of the ”Compass 2020′ strategy reached
– Large majority of shareholders approve all Board motions
Bergisch Gladbach, 24 June 2013 – At today’s Annual General Meeting of INDUS Holding AG in Cologne, a large majority of the shareholders approved the proposed dividend of EUR 1.00 per share (previous year: EUR 1.00). The payout will total EUR 22.2 million, which represents a ratio of almost 50%. The attending shareholders also approved the profit appropriation proposal and a large majority of them released the members of the Board of Management and the Supervisory Board from liability for the past fiscal year. They also approved the election of new auditors for the separate and the consolidated financial statements. A general authorisation to create conditional capital also featured on the agenda and was approved by a vast majority.
In his address, CEO Jürgen Abromeit once again explained the cornerstones of the ‘Compass 2020’ strategy. ‘We want to take INDUS forward and use three levers to achieve this. We are developing the portfolio by making increased investments; we are pushing ahead our internationalisation and we are on the lookout for suitable hidden champions in the industries of the future we have identified for our company.’ At the same time, he emphasised that ‘We want to grow in a controlled manner. INDUS will keep a close eye on its financial strength, as we have always done.’
In 2013, INDUS has taken over two new companies – BUDDE Group and ELTHERM Group – and acquired the remaining shares in HAKAMA, which is now wholly-owned. Last week, INDUS acquired the Dutch HEAVAC company as a strategic fit for its subsidiary, AURORA. In the context of the ‘Compass 2020’ strategy, INDUS is increasingly looking for mid-market investments in sectors such as transport and logistics, medical engineering, energy and environment as well as automation.
The Board of Management emphasised that the Group will maintain its long-term investment horizon and confirmed the guidance for the current fiscal year. ‘We project sales revenues of EUR 1.1 to 1.3 billion and expect to exceed our 2012 operating result in 2013.’
Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail [email protected]
End of Corporate News
24.06.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | INDUS Holding AG |
| Kölner Straße 32 | |
| 51429 Bergisch Gladbach | |
| Germany | |
| Phone: | +49 (0)2204 40 00-0 |
| Fax: | +49 (0)2204 40 00-20 |
| E-mail: | [email protected] |
| Internet: | www.indus.de |
| ISIN: | DE0006200108 |
| WKN: | 620010 |
| Listed: | Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 217631 24.06.2013 |
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