par STRATEC SE (isin : DE000STRA555)
EQS-Adhoc: STRATEC PLANS TO DISTRIBUTE DIVIDEND OF € 0.55 PER SHARE FOR 2023 FINANCIAL YEAR
EQS-Ad-hoc: STRATEC SE / Key word(s): Dividend
STRATEC PLANS TO DISTRIBUTE DIVIDEND OF € 0.55 PER SHARE FOR 2023 FINANCIAL YEAR
21-March-2024 / 14:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
STRATEC PLANS TO DISTRIBUTE DIVIDEND OF € 0.55 PER SHARE FOR 2023 FINANCIAL YEAR
Birkenfeld, March 21, 2024
The Supervisory Board and Board of Management of STRATEC plan to propose the distribution of a dividend of € 0.55 per share for the 2023 financial year for approval by the Annual General Meeting on May 17, 2024 (previous year: € 0.97 per share). This proposal is based on the company’s positive medium to long-term growth prospects and consistent with the dividend policy of maintaining a distribution quota of 40% to 60% of adjusted consolidated net income.
The year-on-year reduction in the distribution total is to be viewed against the backdrop of internal and potential external growth opportunities, associated financing requirements, and the financing already taken up for the acquisition of Natech Plastics, Inc. in 2023.
Based on preliminary figures, STRATEC can confirm achievement of its financial guidance for the 2023 financial year, namely constant-currency consolidated sales slightly below the previous year’s level and an adjusted EBIT margin of around 10.0% to 12.0%. As planned, STRATEC will publish its results for the 2023 financial year and guidance for 2024 on March 28, 2024.
FURTHER INFORMATION IS AVAILABLE FROM:
STRATEC SE
Jan Keppeler | Investor Relations, Sustainability & Corporate Communications
Tel: +49 7082 7916-6515
ir@stratec.com
www.stratec.com
End of Inside Information
21-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | STRATEC SE |
| Gewerbestr. 37 | |
| 75217 Birkenfeld | |
| Germany | |
| Phone: | +49 (0)7082 7916 0 |
| Fax: | +49 (0)7082 7916 999 |
| E-mail: | info@stratec.com |
| Internet: | www.stratec.com |
| ISIN: | DE000STRA555 |
| WKN: | STRA55 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1864531 |
| End of Announcement | EQS News Service |
1864531 21-March-2024 CET/CEST