TAKKT AG: Special dividend proposed for the 2011 financial year

Tue Mar 20, 2012 8:10am EDT

* Reuters is not responsible for the content in this press release.

Takkt AG / TAKKT AG: Special dividend proposed for the 2011 financial year . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Stuttgart, Germany, 20 March 2012. After approving the financial statements of TAKKT AG at 31 December 2011 and the consolidated financial statements at 31 December 2011, the Supervisory and Management Boards of TAKKT AG, Stuttgart, have resolved to propose to the Annual General Meeting on 08 May 2012 a dividend for the 2011 financial year of EUR 0.85 per share. This comprises an ordinary dividend of EUR 0.32 per share and a special dividend of EUR 0.53 per share. By proposing the payout of a special dividend, the Management and Supervisory Boards acknowledge the good business development in 2011and the solid balance sheet structure. Further information will be provided at the financial statements press conference of TAKKT AG on 22 March 2012.

The shares of the TAKKT AG are admitted to stock exchange trading with official quotation at the Prime Standard of the Frankfurt Stock Exchange and the Stuttgart Stock Exchange.

 

Short profile of TAKKT AG

TAKKT is the leading B2B direct marketing specialist for business equipment in Europe and North America. The Group is represented with its brands in more than 25 countries. The product range of the TAKKT subsidiaries comprises some 175,000 products for the areas of business and warehouse equipment, classic and design-oriented office furniture and accessories, and supplies for retailers, the food service industry and the hotel market.

TAKKT Group employs some 1,900 staff, has around three million customers worldwide and distributes more than 45 million items of advertising material.

TAKKT AG is listed on the SDAX and was admitted to Deutsche Börse's Prime Standard on 01 January 2003.


Contacts:

Dr Felix A. Zimmermann, CEO                                    Tel. +49 711 3465-8201

Dr Claude Tomaszewski, CFO                                     Tel. +49 711 3465-8207

Email: investor@takkt.de




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Takkt AG via Thomson Reuters ONE

HUG#1595452

--- End of Message ---

Takkt AG
Presselstr. 12 Stuttgart


Listed: Regulierter Markt in Frankfurter Wertpapierbörse;


Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.