DGAP-News: M.A.X. Automation AG / Key word(s): AGM/EGM
M.A.X. Automation AG well positioned to achieve sustained growth in
attractive future markets
26.08.2016 / 14:25
The issuer is solely responsible for the content of this announcement.
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PRESS RLEASE
M.A.X. Automation AG well positioned to achieve sustained growth in
attractive future markets
- Management Board explains growth strategy in greater detail at the
Annual General Meeting
- Shareholders approve unchanged dividend of EUR 0.15 per share for
financial year 2015
Düsseldorf, August 26, 2016 - The Management Board of M.A.X. Automation AG
presented its future growth strategy for the high-tech mechanical
engineering company today at the Annual General Meeting held in Dusseldorf.
M.A.X. Automation is increasingly benefiting from global market drivers
such as the growing variety of types and the reduction of CO2 emissions in
the automotive industry, the trends toward autonomous driving and electric
mobility, the increasing importance of sustainability and environmental
protection as well as the demographic development.
The fields of action relate mainly to:
- Focusing the M.A.X. Group on identified growth areas, also through
acquisitions.
- Expansion of its presence and local value creation in attractive
foreign markets with the possibility of matching acquisitions.
- Development of further concrete offerings in the area of networked
production ("Industry 4.0").
- Reducing volatility with respect to order intake, operational
excellence in project execution and expansion of the service business.
- Increased use of existing synergies and increasing value creation
within the Group.
M.A.X. Automation has made significant progress in transforming itself into
a decentralized high-tech industrial Group over the past two years. The
company has also completed its efforts to focus its portfolio on its core
businesses by selling the operations of its environmental subsidiary
altmayerBTD GmbH & Co. KG.
Annual General Meeting approves agenda items
With a presence of 54.6 % of the share capital, the shareholders' meeting
approved all of the items on the agenda with clear majorities. The AGM
approved a year on year unchanged dividend of EUR 0.15 per share for
financial year 2015, which corresponds to a total dividend payment of EUR
4.0 million.
In addition, the shareholders resolved to arrange for M.A.X. Automation
shares to be converted from bearer into registered shares. This change will
increase the transparency of the shareholder base and make it easier for
the company to stay in contact with its shareholders. In addition, the
shareholders also voted in favor of a change in the company's future name
to "MAX Automation AG." This change is being made for simplicity reasons.
Daniel Fink, CEO of M.A.X. Automation AG: "M.A.X. Automation together with
its Group companies has achieved a high level of innovation and is well
positioned to significantly benefit from developments in the area of
Industry 4.0, in the automotive industry and in climate protection.
Sustained growth is thus ensured in attractive growth markets."
Contact:
Frank Elsner / Frank Paschen
Frank Elsner Kommunikation für Unternehmen GmbH
Phone: +49 - 5404 - 91 92 0
Fax: +49 - 5404 - 91 92 29
About M.A.X. Automation AG
M.A.X. Automation AG (Securities Identification Number: 658090) with its
headquarters in Düsseldorf is an internationally active high-tech
mechanical engineering Group and a leading full-service supplier of
integrated and sophisticated system and component solutions. Its
operational business is divided into two segments. In the Industrial
Automation segment, the Group is considered to be a trendsetter in the
development and manufacturing of integrated and proprietary solutions for
use in manufacturing and assembly in the automotive industry, medical
technology, packaging machines and the electronics industry due to its
comprehensive technological know-how. In the Environmental Technology
segment, M.A.X. Automation develops and installs innovative systems for use
by the recycling, energy and raw materials industries.
www.maxautomation.de
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26.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: M.A.X. Automation AG
Breite Straße 29-31
40213 Düsseldorf
Germany
Phone: +49 (0)211 90991-0
Fax: +49 (0)211 90991-11
E-mail: Investor.Relation@maxautomation.de
Internet: www.maxautomation.de
ISIN: DE0006580905
WKN: 658090
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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496299 26.08.2016
DGAP-News: M.A.X. Automation AG well positioned to achieve sustained growth in attractive future markets
| Source: EQS Group AG