Sartorius Stedim Biotech: Board of Directors Resolves to Propose Dividend of €0.57 Per Share to Annual Shareholders’ Meet...
08 February 2019 - 5:00PM
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 combined Annual General Shareholders' Meeting on
March 26, 2019, to pay a dividend for fiscal 2018 of €0.57 per
share. The previous year’s dividend was €0.46. Under this proposal,
the total profit distributed would rise by 23.9% from €42.4 million
to €52.5 million.
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 and uncertainties.
Financial calendar
February 19, 2019 Publication of the 2018
Annual Report March 26, 2019 Annual Shareholders’ Meeting |
Aubagne, France April 18, 2019 Publication of First-Quarter Results
for 2019
A profile of Sartorius Stedim Biotech
Sartorius Stedim Biotech is a leading international partner of
the biopharmaceutical industry. As a total solutions provider, the
company helps its customers to manufacture biotech medications
safely, rapidly and economically. 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. The Group
has been annually growing by double digits on average and has been
regularly expanding its portfolio by acquisitions of complementary
technologies. In 2018, the company employed approx. 5,600 people,
and earned sales revenue of €1,212.2 million according to
preliminary figures.
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version on businesswire.com: https://www.businesswire.com/news/home/20190207005868/en/
Petra Kirchhoff, Head of Corporate Communications and Investor
RelationsPhone: +49(0)551.308.1686;
petra.kirchhoff@sartorius.com
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