EANS-Adhoc: Dividend proposal for the General Meeting of Shareholders of Villeroy & Boch AG
-------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------
Dividend proposal
10.03.2011
Mettlach, 10 March 2011 - The Supervisory Board and the Management Board of Villeroy & Boch AG will propose the distribution of a dividend of EUR 0.20 per preference share and of EUR 0.15 per ordinary share at the General Meeting of Shareholders on 13 May 2011. In addition, preference shareholders will also receive an additional payment of the minimum dividend for 2009 of EUR 0.13 (i.e. a total of EUR 0.33 per preference share).
The dividend reflects the pleasingly positive operative earnings situation: Consolidated EBIT before extraordinary expenses improved by around EUR 25 million as against 2009 to EUR 23.6 million.
As a result of the extraordinary expense of EUR 73 million in connection with an EU antitrust fine, which the company considers unfounded and against which it is appealing, there is a consolidated net loss after taxes of more than EUR 60 million.
The further details of the annual financial statements will be discussed at the annual press conference in Frankfurt on 24 March.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Susanne Ritter
+49 (0)6864 - 81 1233
ritter.susanne@villeroy-boch.com
Branche: Consumer Goods
ISIN: DE0007657231
WKN: 765723
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
Original-Content von: Villeroy & Boch AG, übermittelt durch news aktuell