UNTERNEHMENSNEWS

12:54 | 23.04.2008
DJ DGAP-Adhoc: HOMAG Group AG will more than double its dividend

DJ DGAP-Adhoc: HOMAG Group AG will more than double its dividend


Homag Group AG / Dividend/Final Results 

23.04.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Schopfloch, April 23, 2008. HOMAG Group AG intends to more than double its
dividend, and distribute EUR 0.90 per share to its shareholders (prior
year: EUR 0.40). At its meeting today to ratify the company's annual
financial statements, the supervisory board approved a resolution of the
management board to this end, and decided to propose a dividend of EUR 0.90
per share at the annual general meeting on June 5, 2008. At the same
meeting, the preliminary figures for fiscal 2007 that had already been
announced were confirmed. 

Sales revenue improved by more than 13 percent to EUR 837 million (prior
year: EUR 736 million), while EBITDA before IPO costs and employee
participation expenses rose some 21 percent to EUR 103.3 million (prior
year: EUR 85.0 million). An even greater increase was recorded in net
profit after minority interests, up 61 percent to EUR 32.0 million, and in
earnings per share, up 54 percent to EUR 2.12. 

With this substantial dividend increase, HOMAG Group AG wants its
shareholders to participate in the excellent performance of the company in
the past fiscal year. At the same time, the management board is
underscoring its optimism about 2008, and intends to maintain its
shareholder-friendly profit distribution policy. 

Schopfloch, 23 April 2008 

The Board of Management 

HOMAG Group AG
Investor Relations
Simone Mueller
Phone: +49 7443 13-2034
simone.mueller@homag-group.com
www.homag-group.com 

23.04.2008  Financial News transmitted by DGAP 

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Language:     English
Issuer:       Homag Group AG
              Homagstr. 3-5
              72296 Schopfloch
              Deutschland
Phone:        +49 (0)7443 / 13 - 0
Fax:          +49 (0)7443 / 13 - 2300
E-mail:       info@homag-group.de
Internet:     www.homag-group.de
ISIN:         DE0005297204
WKN:          529720
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart 

End of News                                     DGAP News-Service 

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(END) Dow Jones Newswires

April 23, 2008 06:54 ET (10:54 GMT)


Weitere Meldungen
30.03.2009 DJ DGAP-Adhoc: HOMAG Group AG plans to distribute dividend of EUR 0.30 per share
14.02.2008 DJ DGAP-Adhoc: Phoenix Solar Aktiengesellschaft: Board of Directors proposes to double dividend
23.01.2008 DJ DGAP-Adhoc: 2006/2007 consolidated profit reaches 136.5 million euros; recommendation to double the dividend to 1.00 euro per share; extraordinary surplus dividend of 2.50 euros to be paid again; stock market conditions lead to negative valuation result for 1st quart

 

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