PVA TePla pays dividend for first time
(Wettenberg, March 26, 2010) - Today the Supervisory Board of PVA TePla AG, Wettenberg, approved the Management Board's resolution to propose a dividend payment of EUR 0.20 per share with voting rights from the net retained profits for fiscal year 2009 at the Annual General Meeting to be held in Gießen on June 21, 2010.
With 21,749,988 shares entitled to dividends, this is equivalent to a total distribution of approximately EUR 4.5 million.
The Group's figures for 2009, which were announced in advance, and the forecast for the current fiscal year have been confirmed. On the basis of the operating profit (EBIT) in the amount of EUR 16.6 million, there is a consolidated net profit for the year of €10.7 million and earnings per share of approximately EUR 0.50.
The 2009 annual report will be published as announced on March 31. A press conference and analysts' meeting to comment on the past fiscal year and the prospects for further development will be held on April 1 in Frankfurt.
In the single-entity financial statements of PVA TePla AG in accordance with the German Commercial Code, which are decisive in measuring the dividend, sales revenues of EUR 139.1 million and a net profit for the year of EUR 13.8 million were generated in fiscal year 2009.
For further information, please contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)641/68690-400
gert.fisahn@pvatepla.com
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