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Schaltbau Holding AG: 25% dividend increase to EUR 0.96 per share planned

Schaltbau Holding AG / Key word(s): Dividend
18.03.2014 18:33

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Schaltbau Holding AG: 25% dividend increase to EUR 0.96 per share planned
Munich, 18 March 2014 – As a result of its good earnings performance in fiscal year 2013 and the stable business environment expected in 2014, the Executive Board will put forward a proposal for the appropriation of profit to the Supervisory Board that the dividend be raised by EUR 0.19 to EUR 0.96 per share, a distribution rate of 27.6%.

Due to project delays in the course of the year, the Executive Board expects performance in the first few months of the current fiscal year to be somewhat slower, but abides by the forecast for fiscal year 2014 announced in November 2013 of earnings per share of about EUR 3.50.

18.03.2014 DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Schaltbau Holding AG
              Hollerithstraße 5
              81829 München
Phone:        089 – 93005 – 209
Fax:          089 – 93005 – 318
ISIN:         DE0007170300, DE000A0D66Z2, 
WKN:          717030, A0D66Z2, 
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Stuttgart  
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