DGAP-News: Homag Group AG: Dividend increased to EUR 0.35

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News Desk 2018

Jun 3, 2014 at 11:15 AM

DGAP-News: Homag Group AG / Key word(s): AGM/EGM Homag Group AG: Dividend increased to EUR 0.35 03.06.2014 / 17:03 --------------------------------------------------------------------- Annual general meeting of HOMAG Group AG Dividend increased to EUR 0.35 Freudenstadt/Schopfloch, June 3, 2014. At the annual general meeting of HOMAG Group AG held today in Freudenstadt, the shareholders present seconded the proposal of the management and supervisory boards to distribute a dividend for fiscal year 2013 of EUR 0.35. This represents a 40 percent increase on the prior year (EUR 0.25). The annual general meeting also approved the amendment of the profit and loss transfer agreement between HOMAG Group AG and HOMAG Holzbearbeitungssysteme GmbH into a domination and profit and loss transfer agreement. The management board and the supervisory board were exonerated. A total of above 270 shareholders attended the annual general meeting, representing 83 percent of the capital stock. In his speech, CEO Dr. Markus Flik looked back on fiscal year 2013 in which the HOMAG Group improved all key indicators on 2012 and in some cases exceeded its forecasts. Flik informed shareholders of the start to the current fiscal year with a successful first quarter of 2014, discussing in depth the acquisition of the US sales and service company Stiles in February. He also confirmed all of the forecasts made to date for 2014, which project further growth of HOMAG Group's order intake, sales revenue and earnings. Another topic concerned the HOMAG Group's strategy for planned profitable growth. - - - - - - - - - - Background information With its 15 specialized production companies, 22 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 5,400 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. Disclaimer 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 Head of Investor Relations & Corporate Communications Phone: +49 7443 13-2461 kai.knitter@homag-group.com www.homag-group.com End of Corporate News --------------------------------------------------------------------- 03.06.2014 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: 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, DÃ¼sseldorf, Hamburg, Hannover, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 271960 03.06.2014

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