PR Newswire/euro adhoc/
EANS-Adhoc: ElringKlinger AG proposes 12.5% increase in dividend
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
ElringKlinger AG proposes 12.5% increase in dividend
Dettingen/Erms, March 22, 2013 +++ In keeping with its consistent dividend
policy that reflects current earnings performance, ElringKlinger AG will be
proposing an increase in its regular dividend payable for the 2012 financial
While sales revenue rose by 9.1% to EUR 1,127.2 (1,032.8) million in 2012, the
Group managed to lift its net income after non-controlling interests and
adjusted for non-recurring items by 9.6% to a record level of EUR 85.9 (78.4)
The Management Board and Supervisory Board of ElringKlinger AG will propose to
the Annual General Meeting resolving on the 2012 financial year a regular
dividend of EUR 0.45 (0.40) per share, up 12.5% compared to the previous year.
The Annual General Meeting will convene on May 16, 2013, at the Liederhalle
Culture and Congress Center in Stuttgart.
The number of shares entitled to a dividend in respect of the 2012 financial
year remains unchanged year on year at 63,359,990.
The dividend payout will total EUR 28.5 million. Calculated on the basis of
applicable net income of the parent company ElringKlinger AG, amounting to EUR
56.5 million, the dividend ratio for the 2012 financial year thus stands at
In 2012, shareholders had received an extra dividend of EUR 0.18 per share in
addition to the regular dividend. The extra dividend was attributable to
one-time income from the sale of the Ludwigsburg industrial park in 2011.
Further inquiry note:
Investor Relations / Corporate Communications
Fon: +49 (0)7123-724-137
issuer: ElringKlinger AG
phone: +49(0)7123 724-0
sector: Automotive Equipment
indexes: MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Düsseldorf, regulated dealing:
Stuttgart, regulated dealing/prime standard: Frankfurt
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-0- Mar/22/2013 13:01 GMT
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