Sartorius Stedim Biotech S.A.: Resolutions by the Board of Directors
16 February 2018 - 3:30AM
Business Wire
Regulatory News:
The Board of Directors of Sartorius Stedim Biotech S.A. (SSB)
(Paris:DIM) resolved at its most recent meeting to submit a
proposal to the Annual General Shareholders' Meeting on April 3,
2018, to pay a dividend for fiscal 2017 of €0.46 per share. The
previous year’s dividend was €0.42. Under this proposal, the total
profit distributed would rise by 9.5% from €38.7 million to €42.4
million.
Furthermore, the Board of Directors will propose to the Annual
General Shareholders´ Meeting to ratify the cooptation of Dr.
Lothar Kappich as Director of the company. In September 2017,
Lothar Kappich replaced Professor Arnold Picot, who passed away on
July 9, 2017. Kappich's directorship would last for one more
year.
In addition, the Board of Directors will submit a proposal to
approve the renewal of the appointments of Susan Dexter and
Anne-Marie Graffin as Directors, each for a three-year term.
This press release contains statements about the future
development of the Sartorius Stedim Biotech Group. We cannot
guarantee that the content of these statements will actually apply
because these statements are based upon assumptions and estimates
that harbor certain risks und uncertainties.
A profile of Sartorius Stedim Biotech Sartorius Stedim
Biotech is a leading international supplier of products and
services that enable the biopharmaceutical industry to develop and
manufacture drugs safely and efficiently. As a total solutions
provider, Sartorius Stedim Biotech offers a portfolio covering
nearly all steps of biopharmaceutical manufacture. The company
focuses on single-use technologies and value-added services to meet
the rapidly changing technology requirements of the industry it
serves. Headquartered in Aubagne, France, Sartorius Stedim Biotech
is quoted on the Eurolist of Euronext Paris. With its own
manufacturing and R&D sites in Europe, North America and Asia
and an international network of sales companies, Sartorius Stedim
Biotech has a global reach. In 2017, the company employed approx.
5,100 people, and earned sales revenue of €1,081.0 million
according to preliminary figures.
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version on businesswire.com: http://www.businesswire.com/news/home/20180215005853/en/
Sartorius Stedim Biotech S.A.Petra KirchhoffVice President of
Corporate Communications and IR+49
(0)551.308.1686petra.kirchhoff@sartorius.com
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