DGAP-News
INDUS Holding AG: Annual Meeting of INDUS Shareholders raises dividend to EUR 1.05 per share
DGAP-News: INDUS Holding AG / Key word(s): AGM/EGM Annual Meeting of INDUS Shareholders raises dividend to EUR 1.05 per share |
- All agenda items adopted by a clear majority
- Barbara Schick elected as new Supervisory Board member
- Forecast for 2022 confirmed
Bergisch Gladbach, 31 May 2022 – At today’s virtual Annual Shareholders’ Meeting of INDUS Holding AG, the shareholders followed the proposal of the Board of Management and the Supervisory Board and approved a dividend of EUR 1.05 per share, after EUR 0.80 in the previous year. In 2021, the INDUS Group recovered well from the coronavirus slump, generating sales of EUR 1.74 billion and earnings before interest and taxes (EBIT) of EUR 115.4 million. The distributable profit of INDUS Holding AG as of 31 December 2021 amounted to EUR 54.7 million, with the approved dividend payout totaling EUR 28.2 million. This corresponds to a payout ratio of 51.9% and a dividend yield of 3.2% based on the year-end closing price of the INDUS share.
In his speech, the Chairman of the Board of Management, Dr. Johannes Schmidt, talked about the current macroeconomic challenges, but at the same time emphasized the strength of German SMEs and the INDUS Group in particular: “German SMEs are very robust. They are able to handle challenges and react flexibly,” said Schmidt. “Our managers in the INDUS companies are taking a pragmatic approach. They are concentrating on what’s important: material supply, fully functioning production and supply chains, and financial stability. With all of this, they are also securing their employee’s jobs in uncertain times.” Schmidt sees decentralization and broad diversification as outstanding strengths of the Group. “Changes are always opportunities, too. And our entrepreneurs on site will make the most of these opportunities.”