burgbad Aktiengesellschaft
burgbad Aktiengesellschaft: Annual General Meeting of burgbad AG approves dividend of EUR 1.20 per share
burgbad Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- - Annual General Meeting of burgbad AG approves dividend of EUR 1.20 per share - Solid business performance in 1st quarter of 2009 Bad Fredeburg, 14 May 2009 - The Annual General Meeting of burgbad AG today endorsed the proposal made by the Management and Supervisory Boards to distribute a dividend of EUR 1.20 per share. The meeting also approved the other agenda items put to the vote with large majorities in each case. These also included the election of Dr. Erdal Karamercan, Hüsamettin Onanc, Mustafa Sacit Basmaci and Haluk Bayraktar to the Supervisory Board of burgbad AG. Solid start to the 2009 financial year At the Annual General Meeting, Karl-Heinz Wennrich, Chairman of the Management Board, expressed his satisfaction with the course of business to date. 'Against the backdrop of the worst economic crisis in recent decades, burgbad can report a very solid start to the current 2009 financial year. With sales of EUR 19.7 million, we managed to achieve further growth even in this difficult period.' New orders at the burgbad Group totalled EUR 19.9 million in the months from January to March and were thus only slightly down on the previous year's figure in spite of the tense economic situation. Given the uncertainty currently surrounding developments in the global economy, no forecast has been issued for the sales and earnings performance of the burgbad Group in the 2009 financial year. In view of its very good strategic position, the company nevertheless expects to outperform the overall market. The Management Board expects tangible momentum to be generated by the company's further expansion into high-margin markets, as well as by the product innovations presented at the ISH 2009 trade fair, which have met with an extremely positive reception. The complete quarterly report is available for downloading from www.burgbad.de. The Management Board Contact: Haubrok Investor Relations GmbH Kaistraße 16 40221 Düsseldorf Germany Phone: +49 (0)2 11-3 01 26-0 Fax: +49 (0)2 11-3 01 26-172 http://www.haubrok.de l.chung@haubrok.de 14.05.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: burgbad Aktiengesellschaft Kirchplatz 10 57392 Schmallenberg Deutschland Phone: +49 (0) 2974.9617-0 Fax: +49 (0) 2974.9617-277 E-mail: info@burgbad.de Internet: www.burgbad.de ISIN: DE000A0EKLW0 WKN: A0EKLW Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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