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init innovation in traffic systems SE
Notice of Dividend Amount • Mar 14, 2022
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Notice of Dividend Amount
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News Details
Corporate | 14 March 2022 12:43
init innovation in traffic systems SE: Managing Board proposes to the Supervisory Board a stable dividend of EUR 0.55 per share (previous year: EUR 0.55)
DGAP-News: init innovation in traffic systems SE / Key word(s): Dividend/Annual Report
14.03.2022 / 12:43
The issuer is solely responsible for the content of this announcement.
The Managing Board of init innovation in traffic systems SE (ISIN DE 0005759807) today decided – based on preliminary, unaudited results – to propose to the Supervisory Board a dividend distribution for the financial year 2021 of EUR 0.55 per share.
By maintaining the dividend at the same level, the Managing Board would like to send a signal for the future viability of the company and allow shareholders to participate fairly in the company’s success. While at the same time, the balance sheet profit is also to be used to strengthen the company’s substance for necessary future investments and further growth. In the past financial year, despite the difficult conditions, init recorded again a high level of earnings and a historic record of incoming orders amounting to around EUR 180 million, underlining a solid basis for business development in 2022.
After adoption of the audited annual financial statements and subject to approval by the Supervisory Board, the corresponding appropriation of the balance sheet profit will be submitted to the Shareholders’ Meeting to be held on 18 May 2022 for resolution.
Contact:
Person making the notification:
Simone Fritz
Investor Relations
14.03.2022 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | init innovation in traffic systems SE |
| Käppelestraße 4-10 | |
| 76131 Karlsruhe | |
| Germany | |
| Phone: | +49 (0)721 6100 0 |
| Fax: | +49 (0)721 6100 399 |
| E-mail: | [email protected] |
| Internet: | www.initse.com |
| ISIN: | DE0005759807 |
| WKN: | 575980 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1301833 |
| End of News | DGAP News Service |