Corporate | 28 May 2013 18:12

Annual general meeting of HOMAG Group AG

Homag Group AG / Key word(s): AGM/EGM

28.05.2013 / 18:12

Annual general meeting of HOMAG Group AG

Dividend of EUR 0.25 to be distributed

Freudenstadt/Schopfloch, May 28, 2013. At today’s annual general meeting of HOMAG Group AG in Freudenstadt, the shareholders present seconded the proposal of the management and supervisory boards to distribute a dividend for fiscal year 2012 of EUR 0.25. The general meeting also approved the amended remuneration of the supervisory board as well as a domination and profit and loss transfer agreement between HOMAG Group AG and the subsidiary BRANDT Kantentechnik GmbH. The management board and the supervisory board were exonerated. However, the shareholders present did not approve the creation of new authorized capital. A total of around 300 shareholders attended the annual general meeting, representing 82.6 percent of the capital stock.

In his speech, CEO Dr. Markus Flik looked back on fiscal year 2012 in which the HOMAG Group fulfilled or exceeded all of its forecasts, particularly as regards key earnings indicators. Dr. Flik informed shareholders on the development of the first quarter of 2013, which was marked by strong order intake, and confirmed the forecasts to date for 2013. In the current fiscal year, the HOMAG Group aims to grow its sales revenue and order intake, and to further improve its earnings. Dr. Flik also explained the strategic focal points intended to secure the HOMAG Group profitable growth in the long term.

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Background information
With its 15 specialized production companies, 21 group sales and service companies and approximately 60 exclusive sales partners worldwide, HOMAG Group AG’s position as a complete system supplier is unique. Backed by a workforce of some 5,000 employees worldwide, the Company sees itself as the leading global manufacturer of plant and machinery for the woodworking and wood materials processing industry and cabinet makers active in the production of furniture and construction elements as well as timber frame houses. The Group also offers its customers a wide range of services, including software and consulting services. HOMAG Group AG shares have been listed on the Prime Standard of the Frankfurt stock exchange since July 13, 2007.

Disclaimers
This press release contains certain statements relating to the future. Future-oriented statements are all those statements that do not pertain to historical facts and events or expressions pertaining to the future such as ‘believes’, ‘estimates’, ‘assumes’, ‘forecasts’, ‘intend’, ‘may’, ‘will’, ‘should’ or similar expressions. Such future-oriented statements are subject to risks and uncertainty since they relate to future events and are based on current assumptions of the Company, which may not occur in the future or may not occur in the anticipated form. The Company points out that such future-oriented statements do not guarantee the future; actual results including the financial position and the profitability of the HOMAG Group as well as the development of economic and regulatory framework conditions may deviate significantly (and prove unfavorable) from what is expressly or implicitly assumed or described in these statements. Even if the actual results of the HOMAG Group including the financial position and profitability as well as the economic and regulatory framework conditions should coincide with the future-oriented statements in this announcement, it cannot be guaranteed that the same will hold true in the future.

Information:

HOMAG Group AG
Kai Knitter
Investor Relations and Corporate Communications
Phone: +49 7443 13-2461
kai.knitter@homag-group.com
www.homag-group.com

End of Corporate News

28.05.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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Language:	English
Company:	Homag Group AG
	Homagstr. 3-5
	72296 Schopfloch
	Germany
Phone:	+49 (0)7443 / 13 – 0
Fax:	+49 (0)7443 / 13 – 2300
E-mail:	info@homag-group.com
Internet:	www.homag-group.com
ISIN:	DE0005297204
WKN:	529720
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of News DGAP News-Service

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