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Traumhaus AG plans dividend of 0.60 euros per share for fiscal year 2021
DGAP-News: Traumhaus AG / Key word(s): Real Estate
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Traumhaus AG plans dividend of 0.60 euros per share for financial year 2021
Executive Board proposal for resolution at Annual General Meeting on 13.07.2022
Wiesbaden, June 9, 2022: The Executive Board of Traumhaus AG (Frankfurt, m:access, Xetra, ISIN: DE000A2NB7S2) will propose a dividend of 0.60 euros per share for the 2021 financial year at the
Annual General Meeting to be held in July. This year, the main shareholders, led by Otfried Sinner (Chairman of the Board of Management / CEO) and Markus Wenner (Chairman of the Supervisory Board),
also plan to waive a large part of their dividend entitlement (dividend waiver of 70%).
"Also this year, we would like our shareholders to continue to participate consistently in the business growth of Traumhaus with a dividend payment. The Board of Directors intends to put an
increase of EUR 0.10 to EUR 0.60 to a vote at the AGM, which corresponds to a 20% increase over the previous year," says CEO Otfried Sinner, summing up the plans.
According to CEO Otfried Sinner, continuity and stability are the basis for Traumhaus to operate in the market: "We continue to pursue our mix of value strategy and dividend policy. By once again
planning to waive a large part of the dividend for the main shareholders, we are increasing the value of the company, while the free float shareholders can also once again look forward to a very
attractive dividend. Despite the once again adverse circumstances caused by the Covid 19 pandemic in 2021, we were able to realize very strong growth with high profitability - and this on the basis
of down-to-earth HGB accounting.
Traumhaus had already reported a year-on-year increase in sales of around 19%. Total operating performance including other operating income grew by around 13%. Group EBITDA increased by around 42%. The equity ratio rose to 31.44% in 2021, while total assets amounted to EUR 117.5 million. Equity grew to EUR 36.9 million.