Corporate | 13 June 2013 19:57
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Hamburger Hafen und Logistik AG / Key word(s): AGM/EGM
HHLA’s Annual General Meeting Approves Unchanged High Dividend Hamburger Hafen und Logistik AG (HHLA) is distributing high dividends for 2012 on a par with the previous financial year. The Annual General Meeting held at CCH Congress Center Hamburg adopted the proposal of the Executive Board and Supervisory Board to pay out an earnings-based dividend of EUR 0.65 per dividend-entitled Class A share for the Port Logistics subgroup. Around 1,000 shareholders and guests attended the Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) on 13 June 2013 at CCH Congress Center Hamburg. This represented 81 percent of the share capital (previous year: 83 percent). Klaus-Dieter Peters, CEO of HHLA, highlighted the positive result of the 2012 financial year in his speech: ‘Despite a weak economy and a challenging market environment, we have expanded our position in our core European markets. At the same time, we took important steps last year to ensure the future growth of our company. One major component was the restructuring of our hinterland rail transport. We continued to achieve a double-digit EBIT margin and increased the value of the company on this basis.’ The proposal made by HHLA’s Executive Board and Supervisory Board to pay out an earnings-based dividend of EUR 0.65 per dividend-entitled Class A share for the Port Logistics subgroup for the 2012 financial year was approved by the shareholders present. The dividend amount is the same as in the previous year. The pay-out ratio increased by 14.3 percentage points year-on-year and amounts to 68.4 percent of net profit after minority interests of the Port Logistics subgroup for the year. HHLA is therefore distributing a total of EUR 45.5 million to its shareholders, exactly the same amount as in the previous year. The Annual General Meeting also passed a resolution to pay EUR 1.20 per Class S share for the unlisted Real Estate subgroup – a total of EUR 3.25 million or 20 percent more than in the previous year. The Annual General Meeting approved all further proposals made by the Supervisory Board and Executive Board with majorities of more than 99 percent. The voting results of the Annual General Meeting, as well as the German version of the speech by the CEO, Klaus-Dieter Peters, and the accompanying presentation are available on the HHLA website in the Investor Relations section under Annual General Meeting (www.hhla.de/en/investor-relations/ann-general-meeting.html). Contact: Matthias Funk Investor Relations HAMBURGER HAFEN UND LOGISTIK AG Bei St. Annen 1, D-20457 Hamburg, www.hhla.de Tel: +49-40-3088-3397 Fax: +49-40-3088-55-3397 E-mail: investor-relations@hhla.de End of Corporate News 13.06.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Hamburger Hafen und Logistik AG | |
| Bei St. Annen 1 | ||
| 20457 Hamburg | ||
| Germany | ||
| Phone: | +49 (0)40-3088-1 | |
| Fax: | +49 (0)40-3088-3355 | |
| E-mail: | info@hhla.de | |
| Internet: | www.hhla.de | |
| ISIN: | DE000A0S8488 | |
| WKN: | A0S848 | |
| Indices: | MDAX | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, Düsseldorf, Hannover, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 216369 13.06.2013 |