06. March 2018

Datwyler’s AGM approves all Board proposals

Claude R. Cornaz newly elected as Director

Dätwyler Holding Inc. held its 60th Annual General Meeting on Tuesday evening 6 March 2018 at the theater (uri) Tellspielhaus in Altdorf. The shareholders who attended approved all proposals put forward by the Board of Directors.

Given a continued increase in profitability and prospects that look promising, the Annual General Meeting decided on a dividend of CHF 3.00 per bearer share (previous year: CHF 2.20) and CHF 0.60 per registered share (previous year: 0.44). This represents an increase of 36.4% and a pay-out ratio of 41.2% of the net result. The dividend will be paid as from 12 March 2018 upon presentation of Coupon No. 12. On 8 March 2018, the shares will trade without entitlement to dividend (the ex-date).

Long-standing board member Ernst Odermatt no longer stood for re-election due to his age. The General Meeting elected Claude R. Cornaz as his successor to the Board of Directors. Claude R. Cornaz successfully led the Vetropack Group from 2000 until the end of 2017, as CEO and Delegate of the Board of Directors. He will be proposed as Chairman at the upcoming Vetropack General Meeting in April 2018. Since 2002, Claude R. Cornaz has also served as a Director of the listed Bucher Industries Group.

The other Directors were re-elected for another one-year term. The separate meeting of bearer shareholders elected Jürg Fedier as their representative on the Board of Directors. The Board of Directors will continue to consist of seven members. Hanspeter Fässler, Gabi Huber and Claude R. Cornaz were elected as members of the Nomination and Compensation Committee. Finally, the general meeting appointed KPMG as the new auditor.


Datwyler Group (www.datwyler.com)
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods industries. The Technical Components division is one of Europe’s foremost high-service distributors of maintenance, automation, electronic and ICT components and accessories. With a total of some 50 operating companies, sales in over 100 countries and more than 7’000 employees, the Datwyler Group generates annual revenue of some CHF 1’300 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

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Enquiries: Guido Unternährer, Head of Corporate Communications, +41 41 875 19 00

Photos (in print quality): www.datwyler.com/en/media/image-library/

Financial Calendar: 10 August 2018: Interim Report 2018