DGAP-News: ESSANELLE HAIR GROUP AG / Key word(s): AGM/EGM/Payout ESSANELLE HAIR GROUP AG: Dividend payout of 50 cents per share for 2011 21.06.2012 / 12:58 --------------------------------------------------------------------- Essanelle Hair Group AG * Dividend payout of 50 cents per share for 2011 * All agenda items were approved * Good start to financial year 2012 Düsseldorf, 21 June 2012 - As in previous years, Essanelle Hair Group AG is once again paying dividends of 50 cents per share for the financial year 2011, following approval at the Annual General Meeting. At a share price of EUR 9.65 (as of 19 June, 2012) the dividend yield amounts to approx. 5.2 %. In addition to this recommendation, the company shareholders agreed to all other agenda items with a large majority at today's Annual General Meeting in Düsseldorf. Furthermore the Supervisory Board announced at the Annual General Meeting, that the contract with Chief Executive Officer (CEO) Achim Mansen has been extended by five years to May 2017. Achim Mansen said in his speech: 'We are delighted to be able to distribute consistently high dividends once again for the financial year 2011. Focusing on the earnings figures as announced in the previous year, has paid off completely for the past year. In the years to come it is our goal to continue to grow profitably with the concepts essanelle Ihr Friseur, Super Cut and Hair Express as well as with the Beauty Hair Shops.' Essanelle Hair Group AG had a good start to the financial year 2012. Sales revenue in the first three months was EUR 30.8 million (previous year: EUR 30.9 million) and we were able to improve Earnings Before Tax by 65.1% from EUR 0.6 million to EUR 1.0 million. The Management Board anticipates that sales revenue will range between 1%-2% below previous year's figures for the financial year 2012. Earnings Before Tax should range between EUR 5.5 million and EUR 6.0 million. Contact: Michael Müller, Haubrok Investor Relations, 02156-4965-195, m.mueller@haubrok.de End of Corporate News --------------------------------------------------------------------- 21.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: ESSANELLE HAIR GROUP AG Himmelgeister StraÃe 103-105 40225 Düsseldorf Germany Phone: +49 (0)2156-4965-195 Fax: +49 (0)89-21027-598 E-mail: investor@essanelle-hair-group.com Internet: www.essanelle.de ISIN: DE0006610314 WKN: 661031 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 174904 21.06.2012
DGAP-News: ESSANELLE HAIR GROUP AG: Dividend payout of 50 cents per share for 2011
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