Home / Knowledge / News / Textiles / Autoneum doubles 2013 dividend to CHF1.30 per share
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

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search