Annual General Meeting decides dividend increase to EUR 1.20
- INDUS expects another good year
Bergisch Gladbach, July 11, 2006 – At today’s Annual General Meeting, a large majority of the shareholders of SDAX-listed INDUS Holding AG (ISIN DE0006200108) approved the management’s profit appropriation proposal and decided to increase the dividend to EUR 1.20. The company will thus pay out a total of EUR 21.6 million. “Based on the present share price, the dividend yield exceeds 4%,” said Helmut Ruwisch, Managing Board Chairman of INDUS Holding AG, to highlight INDUS’ attractive dividend policy, which also allows the company to strengthen its equity base further.
The strong operating performance of the first quarter continued in the following two months. “Between January and May 2006, Group sales increased by 25% to roughly EUR 320 million. Earnings also developed positively,” Ruwisch explained. The Managing Board confirmed its projections for the full year, which provide for sales to rise to approx. EUR 800 million (2005: EUR 735 million). According to current plans, this will be achieved through the continued positive performance of the existing 42 investments as well as additional acquisitions. Earnings figures should develop equally positively.
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