DGAP-News
INDUS increases dividend
DGAP-News: INDUS Holding AG / Key word(s): AGM/EGM
INDUS increases dividend |
- Annual Shareholders' Meeting decides to raise dividend to EUR 1.35 per share
- Professor Dr. Nadine Kammerlander elected to Supervisory Board
- Forecast for 2017 confirmed
Bergisch Gladbach, 24 May 2017 - At the Annual Shareholders' Meeting of INDUS Holding AG, the shareholders decided to increase the dividend to EUR 1.35 per share (previous year: EUR 1.20). The
decision is based on the good result for 2016, which was the fourth record year in a row for the INDUS Group, with sales revenues and EBIT coming in at EUR 1.44 billion and EUR 144.9 million,
respectively. As of 31 December 2016, INDUS Holding AG posted an accumulated profit of EUR 77.2 million, of which EUR 33.0 million will be distributed to the shareholders.
In his speech, Jürgen Abromeit, CEO of the INDUS Group emphasised that only those companies that lead the way in innovation will be successful in our rapidly changing world. "Innovations decide whether our portfolio companies remain leaders in their lines of industry or fall back behind the rest." The holding company assists its portfolio companies on their way towards increased competitiveness and supports their individual innovation projects. The INDUS development bank scheme was launched in 2016 and currently supports seven projects of the Group's portfolio companies.
Strategy programme more successful than planned
The Compass 2020 strategy programme is showing the way forward for the INDUS Group for the fifth year. Since 2012, a total of 28 companies have been integrated into the Group at the first and
second level. The portfolio companies have production and distribution locations in 30 countries on 5 continents. Since the launch of the programme, the Group's revenues have increased by over 30
percent, with operating profit climbing by more than 36 percent. The market capitalisation rose from approx. EUR 470 million to approx. EUR 1.5 billion.