EANS-Adhoc: Balda AG proposes dividend of EUR 2.00 per share for the short financial year 2012
20.09.2012 – 09:48
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- Company Information 20.09.2012 Balda AG proposes dividend of EUR 2.00 per share for the short financial year 2012 Bad Oeynhausen, 20th September 2012 - The Board of Directors and Supervisory Board of Balda AG have today agreed to propose the payment of a dividend of EUR 2.00 per share for the short financial year 2012 (1st January to 30th June 2012) at the Annual General Meeting on 7th November 2012. In doing so, EUR 117.8 million would be distributed. The dividend is being proposed as a result of the high proceeds collected from the sales of shares in touchscreen manufacturer TPK Holding Co., Ltd. in the short financial year. Thanks to the impact on earnings from these share sales, Balda reported Group net earnings of EUR 250.7 million for the reporting period (Calendar year 2011: minus EUR 39.1 million). As expected, the Group's operating earnings before interest, taxes and special write-downs remained negative at minus EUR 5.8 million (Calendar year 2011: minus EUR 6.0 million). Earnings were affected by, amongst other things, delayed call-off orders in the Medical and Electronic Products segments. Group sales from January to June 2012 amounted to EUR 24.7 million (Calendar year 2011: EUR 66.3 million). Balda AG's consolidated financial statements for the short financial year are published today. Company profile Balda AG Balda is a provider of high quality plastic solutions for the medical and electronics industry. The company distinguishes itself by a number of strengths, including first class engineering, products of superior quality as well as fast and flexible tailor made services for its customers. Balda operates internationally and has production sites in Germany and Malaysia. The company's success is based on investments in development and the use of advanced and cost-efficient technologies. The shares of Balda AG are listed in the Small Cap segment (SDax) of the Deutsche Börse. www.balda.de Further inquiry note: Contact: Frank Elsner Frank Elsner Kommunikation für Unternehmen GmbH Tel.: +49 - 54 04 - 91 92 0 Fax: +49 - 54 04 - 91 92 29 Email: office@elsner-kommunikation.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Balda AG Bergkirchener Str. 228 D-32549 Bad Oeynhausen phone: +49 (0) 5734 9 22-0 FAX: +49 (0) 5734 922-2747 mail: info@balda.de WWW: http://www.balda.de sector: Semiconductors & active components ISIN: DE0005215107 indexes: CDAX, Prime All Share stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English