HOMAG Group AG plans to distribute dividend of EUR 0.30 per share / Ad hoc announcement

Schopfloch, March 30, 2009. At its meeting today to ratify the Company’s annual financial statements, the supervisory board of HOMAG Group AG approved a resolution of the management board to propose a dividend of EUR 0.30 per share at the annual general meeting on May 27, 2009 (dividend for 2007: EUR 0.90).

The management board explained that this dividend proposal strikes a balance between an appropriate dividend without, however, losing sight of the current difficult market environment and the need to secure sufficient liquidity to allow room for maneuver in the event of acquisition opportunities.

This ad hoc announcement 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.


Back to List

Any questions?
We are at your service!

Stiles Machinery Inc.

+1 616 698 75 00 info@stilesmachinery.com www.stilesmachinery.com Contact form