SAF-HOLLAND S.A. / AGM/EGM/Dividend 24.04.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Luxembourg, 24 April 2008 The shareholders of SAF-HOLLAND S.A., one of the worlds leading producers and suppliers of high-quality systems and components for the truck and trailer industries, have approved the proposed dividend of 42.47 Euro cent per share at the companys Annual General Meeting in Luxembourg today. The agreed dividend will result in a total payment of EUR 8 million to shareholders. 'We are pleased to reward our shareholders, as we had promised,' said Rudi Ludwig, CEO of the SAF-HOLLAND Group. 'Paying a dividend of this size in our first year as a listed company shows that we are confident in our growth prospects. Despite the challenging global economic environment, demand for our high-quality products is strong and growing. Trade flows are increasing, and we are among the biggest beneficiaries.' SAF-HOLLAND expects further strong growth in the current financial year, with consistently high demand across Western Europe, and additional growth impulses from the important markets of Eastern Europe, Brazil and Asia. SAF-HOLLAND expects sales of between EUR 900 million and EUR 950 million in 2008, breaking through the EUR 1 billion mark in 2009. With the expected increase in sales and economies of scale, the companys profitability is expected to rise as well. SAF-HOLLAND is targeting an adjusted EBIT margin of 8% to 8.5% in the 2008 financial year and an EBIT margin of 10% by 2010. Investor Relations: Sandra Fabian, CNC AG +49 6095 301 865 Sandra.Fabian@safholland.de DGAP 24.04.2008 --------------------------------------------------------------------------- Language: English Issuer: SAF-HOLLAND S.A. 68-70, boulevard de la Pétrusse L-2320 Luxembourg Luxemburg Phone: +49 6095 301 - 0 Fax: +49 6095 301 - 260 E-mail: info@safholland.de Internet: www.safholland.com ISIN: LU0307018795 WKN: A0MU70 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: SAF-HOLLAND S.A.: SAF-HOLLAND shareholders approve dividend of 42.47 Euro cent per share
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