WashTec AG: WashTec plans dividend of EUR 2.45 per ordinary share
February 27, 2018 at 11:40 am EST
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DGAP-News: WashTec AG / Key word(s): Dividend
WashTec AG: WashTec plans dividend of EUR 2.45 per ordinary share
27.02.2018 / 17:30
The issuer is solely responsible for the content of this announcement.
Press Release WashTec plans dividend of EUR 2.45 per ordinary share
The Management Board of WashTec AG plans - in coordination with the supervisory board - to recommend to the annual shareholder meeting a dividend of EUR 2.45 per ordinary share (prior year EUR 2.10). The supervisory board meeting approving the annual accounts will take place March 14, 2018.
With revenue of EUR 425.0m (prior year EUR 372.8m), a net result of EUR 36.9m (prior year EUR 30.6m) and earnings per share of EUR 2.76 (prior year EUR 2.29) according to preliminary results, 2017 is the most successful year in WashTec's history.
27.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
WashTec AG
Argonstraße 7
86153 Augsburg
Germany
Phone:
+49 (0)821 55 84-0
Fax:
+49 (0)821 55 84-1135
E-mail:
washtec@washtec.de
Internet:
www.washtec.de
ISIN:
DE0007507501
WKN:
750750
Indices:
SDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
WashTec AG is a Germany-based company engaged in the provision of vehicle washing solutions. The Company and its subsidiaries focus on developing, manufacturing, selling and servicing car wash products. The Company operates through three geographical segments: Core Europe, North America, and Asia/Pacific. Its product portfolio comprises, among others, roll-over wash equipment, self-service wash equipment, commercial car wash equipment, wash tunnels,water reclaim systems and the spare parts. It also provides repair and maintenance services, including full service and call-out services, markets related products, such as detergents and care products, and provides sales financing services. The Company distributes its products in approximately 70 countries. WashTec AG is the parent company of the WashTech Group.
WASHTEC AG 
