Corporate | 12 February 2008 08:00
HWA AG / Dividend
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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HWA proposes dividend of EUR 0.75 per share for 2007
Affalterbach, 12 February 2008 - At the Annual General Meeting to take
place on 23 May 2008 the Management Board and Supervisory Board of HWA AG
intend to propose a dividend payment of EUR 0.75 per share from the balance
sheet profit as of 31 December 2007.
Contact:
Hans-Jürgen Mattheis
HWA AG
Benzstraße 8
71563 Affalterbach
Phone: + 49/ (0) 7144/ 8717- 279
Fax: + 49/ (0) 7144/ 8718- 111
ir@hwaag.com
www.hwaag.com
Company profile HWA
HWA AG was founded in 1998 as a spin-off from AMG, which was established in
1967 by Hans Werner Aufrecht as the Mercedes Benz customisation specialist.
Towards the end of 1998 Aufrecht sold a majority interest in AMG Motoren-
und Entwicklungsgesellschaft mbH, as it then was, to Daimler AG. In the
course of the disposal, motor racing, what is today the AMG-Mercedes team
in the German Touring Car Championship (DTM) and parts of the vehicles and
components business was spun off and transferred to HWA AG. The vehicles
and vehicle components business develops and builds exclusive, luxury
sports cars for Daimler AG and Mercedes-AMG GmbH. In addition to its DTM
racing team and the vehicles and vehicle components business, since 2003
HWA has also manufactured and serviced racing engines for the Formula 3
Euroseries and the British Formula 3 Series. HWA AG currently has 224
employees in its Affalterbach works. In 2006 HWA AG had revenues of EUR
57.6 million and EBIT of EUR 6.9 million. Its net profit after interest and
taxes was some EUR 4.2 million. The Company has been listed on the
Frankfurt Stock Exchange in the Entry Standard segment since 19 April 2007.
Disclaimer:
THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND
SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A
GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CONSTITUTE
AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN
ADDITION, THE SECURITIES OF HWA AG HAVE NOT BEEN REGISTERED UNDER THE
UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED
WITHIN THE UNITED STATES OR TO U.S. PERSONS.
12.02.2008 Financial News transmitted by DGAP
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Language: English
Issuer: HWA AG
Benzstraße 8
71563 Affalterbach
Deutschland
Phone: +49 (0)7144 87 17-279
Fax: +49 (0)7144 87 18-111
E-mail: ir@hwaag.com
Internet: http://www.hwaag.com
ISIN: DE000A0LR4P1
WKN: A0LR4P
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service
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