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Autoneum doubles 2013 dividend to CHF1.30 per share
17
Apr '14
In line with the proposal by the Board of Directors, the shareholders in Autoneum Holding Ltd agreed at the Annual General Meeting to double the dividend to 1.30 CHF per share (2012 financial year: 0.65 CHF). Also all other proposals by the Board of Directors were approved by a large majority.

392 shareholders attended the third Annual General Meeting of Autoneum Holding Ltd in Winterthur. 69 percent of the share capital was represented.

In his address, the Chairman of the Board of Directors Hans-Peter Schwald pointed out the importance of the corporate strategy for expanding Autoneum’s position as a technology and market leader. CEO Martin Hirzel highlighted in his statement that Autoneum has achieved all its mid-term financial targets on group level.

He also outlined the implementation of the strategic priorities in the last financial year and gave an outlook on the activities the company is planning for 2014. He explained that the 2014 financial year has gotten off to a good start.

The shareholders approved the Annual Report 2013, including the financial statements and consolidated financial statements, by a large majority. The Board of Directors held a non-binding consultative vote on the remuneration report for the third time, which was approved by over 98% of the shareholders present.

Based on the result achieved in 2013 and in view of the positive business prospects for the current financial year, a dividend of 1.30 CHF per registered share, twice as high as in the previous year, will be paid out from the reserve from paid-in capital on the ex-dividend date of April 22, 2014.

Autoneum Holding

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