HUGO BOSS AG / Key word(s): Dividend/Dividend
14.03.2011 15:42
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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After having established the annual financial statements of HUGO BOSS AG as
of December 31, 2010 and approved the consolidated annual financial
statements as of December 31, 2010, the Supervisory Board and the Managing
Board of HUGO BOSS AG resolved to propose to the Annual Shareholders'
Meeting the distribution of a dividend of EUR 2.02 per common share
(dividend for fiscal year 2009: EUR 0.96) and EUR 2.03 per preferred share
(dividend for fiscal year 2009: EUR 0.97) for the fiscal year 2010.
The Managing Board
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Information and Explaination of the Issuer to this News:
After having established the annual financial statements of HUGO BOSS AG as
of December 31, 2010 and approved the consolidated annual financial
statements as of December 31, 2010, the Supervisory Board and the Managing
Board of HUGO BOSS AG resolved to propose to the Annual Shareholders'
Meeting the distribution of a dividend of EUR 2.02 per common share
(dividend for fiscal year 2009: EUR 0.96) and EUR 2.03 per preferred share
(dividend for fiscal year 2009: EUR 0.97) for the fiscal year 2010.
'2010 was the best year so far in the Group's history', said Claus-Dietrich
Lahrs, Chairman of the Managing Board of HUGO BOSS AG. 'With our dividend
payment, we allow our shareholders to participate in this success. At the
same time, we highlight our confidence regarding our growth prospects in
the current year.'
On the basis of the preliminary annual results published on February 3,
2011, consolidated net income increased by 82% year-on-year to EUR 189
million in 2010 (2009: EUR 104 million). For 2011, the Managing Board
anticipates accelerated sales growth after adjustment for currency effects
in comparison to fiscal year 2010 and expects operating income (EBITDA
before special items) to grow more strongly than sales.
The Group will publish its final annual results on March 29, 2011.
Further information on HUGO BOSS AG can be found on our website
www.group.hugoboss.com.
Should you have any queries, please contact:
Philipp Wolff
Director of Communication
Phone: +49 (0) 7123 94-2375
Fax: +49 (0) 7123 94-2051
Dennis Weber
Head of Investor Relations
Phone: +49 (0) 7123 94-86267
Fax: +49 (0) 7123 94-886267
E-mail: Investor-Relations@hugoboss.com
14.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: HUGO BOSS AG
DieselstraÃe 12
72555 Metzingen
Deutschland
Phone: +49 (0)712 394-0
Fax: +49 (0)712 394-2014
E-mail: info@hugoboss.com
Internet: www.hugoboss.com
ISIN: DE0005245534, DE0005245500,
WKN: 524553, 524550,
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München
End of Announcement DGAP News-Service
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DGAP-Adhoc: HUGO BOSS AG: Dividend proposal
| Source: EQS Group AG