DGAP-News: Homag Group AG / Key word(s): Dividend
HOMAG Group AG wants to distribute a dividend of EUR 0.35 per share
for 2013
20.03.2014 / 16:18
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HOMAG Group AG wants to distribute a dividend of EUR 0.35 per share for
2013
Schopfloch, March 20, 2014. The supervisory board and the management board
of HOMAG Group AG passed resolutions to propose to the annual general
meeting on June 3, 2014 the payment of a dividend of EUR 0.35 per share for
fiscal year 2013. This represents a 40 percent increase in the dividend
compared to the prior year (EUR 0.25 per share).
The approved consolidated financial statements for 2013 confirm the
previously published preliminary figures for fiscal year 2013. Accordingly,
the HOMAG Group generated a consolidated net profit of EUR 18.4 million,
compared with EUR 12.7 million in the prior year. Dr. Markus Flik, CEO:
"The proposed distribution is in line with our dividend policy of sharing
an appropriate portion of our net profit with our shareholders. We would
like to express our gratitude for the trust they have placed in our
company."
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Background information
With its 15 specialized production companies, 22 group sales and service
companies and approximately 60 exclusive sales partners worldwide, HOMAG
Group AG's position as a complete system supplier is unique. Backed by a
workforce of some 5,000 employees worldwide, the Company sees itself as the
leading global manufacturer of plant and machinery for the woodworking and
wood materials processing industry and cabinet makers active in the
production of furniture and construction elements as well as timber frame
houses. The Group also offers its customers a wide range of services,
including software and consulting services. HOMAG Group AG shares have been
listed on the Prime Standard of the Frankfurt stock exchange since July 13,
2007.
Disclaimer
This press release contains certain statements relating to the future.
Future-oriented statements are all those statements that do not pertain to
historical facts and events or expressions pertaining to the future such as
"believes", "estimates", "assumes", "forecasts", "intend", "may", "will",
"should" or similar expressions. Such future-oriented statements are
subject to risks and uncertainty since they relate to future events and are
based on current assumptions of the Company, which may not occur in the
future or may not occur in the anticipated form. The Company points out
that such future-oriented statements do not guarantee the future; actual
results including the financial position and the profitability of the HOMAG
Group as well as the development of economic and regulatory framework
conditions may deviate significantly (and prove unfavorable) from what is
expressly or implicitly assumed or described in these statements. Even if
the actual results of the HOMAG Group including the financial position and
profitability as well as the economic and regulatory framework conditions
should coincide with the future-oriented statements in this announcement,
it cannot be guaranteed that the same will hold true in the future.
Information:
HOMAG Group AG
Kai Knitter
Head of Investor Relations & Corporate Communications
Phone: +49 7443 13-2461
kai.knitter@homag-group.com
www.homag-group.com
End of Corporate News
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20.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
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Language: English
Company: Homag Group AG
Homagstr. 3-5
72296 Schopfloch
Germany
Phone: +49 (0)7443 / 13 - 0
Fax: +49 (0)7443 / 13 - 2300
E-mail: info@homag-group.com
Internet: www.homag-group.com
ISIN: DE0005297204
WKN: 529720
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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258474 20.03.2014
DGAP-News: HOMAG Group AG wants to distribute a dividend of EUR 0.35 per share for 2013
| Source: EQS Group AG