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Stabilus S.A.: Annual General Meeting approves dividend of EUR0.50 per share

DGAP-News: Stabilus S.A. / Key word(s): AGM/EGM/Dividend Stabilus S.A.: Annual General Meeting approves dividend of EUR0.50 per share 15.02.2017 / 14:24 The issuer is solely responsible for the content of this announcement. CORPORATE NEWS

Stabilus S.A.: Annual General Meeting approves dividend of EUR0.50 per share


Luxembourg/Koblenz, February 15, 2017 - Today in Luxembourg, the Annual General Meeting of Stabilus S.A. (ISIN: LU1066226637), one of the world's leading providers of gas springs, damping solutions and electromechanical drives for motion control, approved each agenda item with more than 99 percent of the votes. Among other matters, the General Meeting also approved the dividend proposed by the Management Board and Supervisory Board. Hence, the company will pay a dividend of EUR0.50 per share for the 2016 financial year (ended September 30, 2016). This corresponds to a total of EUR12.35 million and a payout ratio of 25.7% of consolidated net profit. This is in line with the company's dividend policy published at the time of the initial public offering, whereby it seeks to pay dividends in a ratio of 20 - 40% of consolidated net income.

The Annual General Meeting was attended by shareholders representing 56.09 percent of the share capital.

Press Contact: Ralf Krenzin Tel.: [phone] Email: [e-mail] Charles Barker Corporate Communications Tobias Eberle Tel.: [phone] E-mail address: [e-mail]

Investor relations contact: Andreas Schröder Tel.: [phone] Email: [e-mail]

About Stabilus

As one of the world's leading providers of gas springs, damping solutions and electromechanical POWERISE drives, Stabilus has for eight decades been demonstrating its expertise in the automotive industry and a variety of other sectors. Gas springs, dampers and electromechanical drives from Stabilus optimize opening, closing, lifting, lowering and adjusting actions, and also protect against vibration. Employing more than 5,000 people worldwide, the company has its operational headquarters in Koblenz. Stabilus has reported sales revenues of EUR737.5m in the 2016 business year. Stabilus operates production plants in nine countries and distributes its products in over 50 countries in Europe, North, Central and South America as well as Asia Pacific via its regional offices and sales partners. Stabilus is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the SDAX index.