EQS-News: Drägerwerk AG & Co. KGaA: Dräger annual shareholders’ meeting approves significant dividend increase
EQS-News: Drägerwerk AG Co. KGaA
/ Key word(s): AGM/EGM/Dividend
Dräger annual shareholders’ meeting approves significant dividend increase Lübeck – Drägerwerk AG Co. KGaA held its Annual Shareholders’ Meeting 2024 today. All resolutions on the agenda items were passed with a vast majority. In total, 46.2 percent of the share capital was represented (2023: 45.7 percent).
“We would like to thank our shareholders very much for their trust,” says Stefan Dräger, Chairman of the Executive Board of Drägerwerk Verwaltungs AG. “We generated a significant net profit in fiscal year 2023, and we also have a solid equity ratio of over 40 percent. The simplification of our capital structure is now finally complete. As a result, our investors will receive a significantly higher dividend. We also want to distribute at least 30 percent of our profit as a dividend in the future." Focus on medium-term corporate objectives “After returning to growth and profitability last year, we are now focusing on our three medium-term corporate objectives. Corporate Objective #1 is ‘Focus on profitability’. This means that we will concentrate more strongly on earnings growth in future. In the coming years, we want to further increase our margin, on average by one percentage point per year,” says Stefan Dräger. “With Corporate Objective #2, ‘innovation leadership’, we want to strengthen our innovative power, use it successfully in our markets and become the first choice for our customers. We also want to expand our expertise in interoperability and in the systems business in order to achieve our Corporate Objective #3. By working on these three objectives, we want to improve our DVA, with a positive DVA in 2024 and in all subsequent years.” The voting results and all other relevant documents relating to the annual shareholders’ meeting are available on the following website: https://www.draeger.com/en-us_us/Investor-Relations/Annual-Shareholders-Meeting Further information is available in the financial report at www.draeger.com. Disclaimer
08.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Drägerwerk AG Co. KGaA |
Moislinger Allee 53-55 | |
23558 Lübeck | |
Germany | |
Phone: | +49 (0)451 882-0 |
Fax: | +49 (0)451 882-2080 |
E-mail: | [email protected] |
Internet: | www.draeger.com |
ISIN: | DE0005550602, DE 000 555 063 6, DE 000 555 071 9 |
WKN: | 555060, 555063 Vorzüge, 555071 Genussschein D |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Stuttgart, Tradegate Exchange |
EQS News ID: | 1898761 |
End of News | EQS News Service |
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1898761 08.05.2024 CET/CEST
Drägerwerk AG & Co. KGaA ST Stock
Currently there is a rather positive sentiment for Drägerwerk AG & Co. KGaA ST with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 66 € shows a very positive potential of 51.72% compared to the current price of 43.5 € for Drägerwerk AG & Co. KGaA ST.