init innovation in traffic systems AG
EANS-Adhoc: init innovation in traffic systems AG
init Managing Board proposes
increase in dividend
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
18.03.2009
Karlsruhe, March 18, 2009. init innovation in traffic systems AG (ISIN DE 0005759807) plans to pay shareholders a higher dividend this year. The Managing Board decided today to present the Supervisory Board with a proposal for appropriation of earnings to be put to the shareholders´ meeting which suggests a dividend of EUR 0.16 per entitled share (2007: EUR 0.14). This decision, however, is subject to the approval of the annual financial statements for the 2008 fiscal year and the consent of the Supervisory Board.
The Managing Board explained the increase in dividend with the excellent business trend in fiscal 2008 and the positive outlook of the company for 2009. In view of the high volume of secured orders, the significant inflow of capital expected from ongoing projects, and intact growth potential, init innovation in traffic systems AG also hopes that this decision will once again signal its commitment to an investor-oriented dividend policy.
The final dividend proposal to the shareholders´ meeting scheduled for May 20, 2009 will be announced in the invitation to the shareholders´ meeting.
end of announcement euro adhoc
Further inquiry note:
Alexandra Weiß
Investor Relations
Telefon: +49(0)721 6100-102
E-Mail: aweiss@initag.de
Branche: Semiconductors & active components
ISIN: DE0005759807
WKN: 575980
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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