DGAP-News

INDUS Holding AG: Annual Meeting of INDUS Shareholders raises dividend to EUR 1.05 per share - Seite 2

Further development of the PARKOUR strategy

Schmidt added: “The coronavirus and the new global situation are turning points. That is why we will be working intensely on taking our strategy further this year.” In March 2022, the fourth strategic initiative “Striving for Sustainability” was integrated into the strategy program. Responsibilities within the Board of Management are now being reassigned: each member of the Board of Management will in future be responsible for the portfolio companies of one segment. “This reassignment will allow us to pool specialist areas and strengthen our industry expertise – as well as offer our portfolio companies even better support.”

Good start to the year overall

In his outlook, Schmidt confirmed the forecast for the current financial year, which was made in March 2022 without assessing the effects of the war. “The uncertainties arising from the Russia-Ukraine war and the coronavirus pandemic remain high. Nevertheless, due to the good performance in the first quarter overall, we still anticipate that sales will come in between EUR 1.8 billion and EUR 1.95 billion. EBIT should amount to between EUR 115 million and EUR 130 million,” said Schmidt. “Our target EBIT margin remains '10 percent plus x'. The Automotive Technology segment continues to pose a challenge. In total, we have already hit this target in four out of five segments.”

Further growth through acquisitions

In the current financial year, INDUS already completed the acquisition of HEIBER + SCHRÖDER, a specialist for packaging machinery. The acquisition of the HELD Group, a manufacturer of laser systems, followed in May 2022. INDUS is continuously strengthening its portfolio by acquiring profitable hidden champions in defined growth industries. In 2021, the Group also grew through the acquisition of JST and WIRUS at portfolio level as well as FLACO at the second level.

All draft resolutions adopted with large majority

About 55% of the share capital was represented at the virtual 2022 Ordinary Annual Shareholders’ Meeting of INDUS. In voting on the agenda, a large majority of the Shareholders’ Meeting approved the proposals made by the management. The actions of the Board of Management and the Supervisory Board were approved. As proposed by the Supervisory Board, the Annual Shareholders’ Meeting appointed PricewaterhouseCoopers GmbH, Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, as auditors of the financial statements and consolidated financial statements for the financial year 2022. The compensation report for the financial year 2021 was approved.