EQS-News

Annual Meeting of INDUS Shareholders focuses on scope for growth

EQS-News: INDUS Holding AG / Key word(s): AGM/EGM Annual Meeting of INDUS Shareholders focuses on scope for growth 22.05.2024 / 17:10 CET/CEST The issuer is solely responsible for the content of this announcement. Annual Meeting of INDUS Shareholders focuses on scope for growth

• Dividend payment of EUR 1.20 per share resolved
• All agenda items adopted by a large majority

Bergisch Gladbach, 22 May 2024 – At today’s Annual Shareholders’ Meeting of INDUS Holding AG at Koelnmesse’s Congress Centre North, a large majority of the shareholders approved all proposals made by the management for all voting items on the agenda. The attending shareholders represented around 54 percent of the registered share capital. This year, the Annual Shareholders’ Meeting was held as a physical meeting again.

In his speech, Dr. Johannes Schmidt, Chairman of the Board of Management of INDUS Holding AG, emphasized the SME Group’s great scope for growth, especially in fields that will be important in the future: “We’re closely analyzing what the market will need in the future. Let’s take artificial intelligence for example: AI will permanently change all the processes at our portfolio companies. Our task is to invest wisely and to identify and implement the right applications.” INDUS supports its portfolio companies with an AI initiative that includes both training programs and development funds for specific AI projects. GESTALT AUTOMATION, a specialist in AI-supported automation solutions for industrial applications, became part of the INDUS Group in March 2024.

Growth through future-oriented acquisitions and internationalization

In addition to the acquisition of GESTALT AUTOMATION, INDUS has added two further promising acquisitions to its portfolio since the beginning of the year. GRIDCOM, a specialist for passive fiber-optic infrastructure components, and COLSON X-Cel, a manufacturer of industrial valves for measurement and control engineering, are successful niche providers in markets of the future. Together with QUICK Bauprodukte, a specialist in formwork and reinforcement accessories, particularly for bridge construction, the latest acquisitions presented themselves to the shareholders at an accompanying exhibition. INDUS plans to continue growing in 2024. “It is a good time to buy companies,” said Schmidt. “We haven’t seen such a wealth of interesting projects for some time. And hidden champions in future fields can be had for a reasonable price again.”