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HOMAG Group AG wants to distribute a dividend of EUR 0.35 per share for 2013

The supervisory board and the management board of HOMAG Group AG passed resolutions to propose to the annual general meeting on June 3, 2014 the payment of a dividend of EUR 0.35 per share for fiscal year 2013. This represents a 40 percent increase in the dividend compared to the prior year (EUR 0.25 per share).

The approved consolidated financial statements for 2013 confirm the previously published preliminary figures for fiscal year 2013. Accordingly, the HOMAG Group generated a consolidated net profit of EUR 18.4 million, compared with EUR 12.7 million in the prior year. Dr. Markus Flik, CEO: “The proposed distribution is in line with our dividend policy of sharing an appropriate portion of our net profit with our shareholders. We would like to express our gratitude for the trust they have placed in our company.”

 

Diclaimer
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.

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