Dividend increases to EUR 0.40
Annual general meeting of HOMAG Group AG
At the annual general meeting of HOMAG Group AG in Freudenstadt, the shareholders present seconded the proposal of the management and supervisory boards to increase the dividend from EUR 0.35 in the prior year to EUR 0.40. The management board and the supervisory board were exonerated. A total of around 200 shareholders took part in the general meeting, representing 81 percent of the share capital.
Ralph Heuwing, CEO and cross-board representative as CFO of Dürr AG, emphasized in his speech on fiscal year 2014 that the HOMAG Group had returned a record sales revenue. In addition, Heuwing reported that integration into the Dürr Group was progressing as planned. He also confirmed all of the forecasts made to date for 2015, which project further growth of the HOMAG Group’s order intake and sales revenue, coupled with a proportionately larger increase in net profit.
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.