09. March 2019

Datwyler’s AGM approves all Board proposals

Jens Breu newly elected as Director Dätwyler Holding Inc. held its 61th Annual General Meeting on Tuesday evening 12 March 2019 at the Theater Uri Tellspielhaus in Altdorf. The shareholders who attended approved all proposals put forward by the Board of Directors.

In view of the steady profitability level and given that prospects look promising, the Annual General Meeting decided on an unchanged dividend of CHF 3.00 per bearer share and CHF 0.60 per registered share. This represents a pay-out ratio of 42.1% of the net result. The dividend will be paid as from 18 March 2019 upon presentation of Coupon No. 13. On 14 March 2019, the shares will trade without entitlement to dividend (the ex-date).

The existing Directors were re-elected for another one-year term. As a further representative of the bearer shareholders the Annual General Meeting newly elected Jens Breu to the Datwyler Board of Directors, which now consists of eight members. 46-year-old mechanical engineer Jens Breu has been CEO of the listed SFS Group since early 2016. He has wide-ranging entrepreneurial experience, knows Datwyler’s target markets, and is very familiar with the strategic issues of a global component supplier. Hanspeter Fässler (Chairman), Gabi Huber and Claude R. Cornaz were re-elected as members of the Nomination and Compensation Committee.

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 8’000 employees, the Datwyler Group generates annual revenue of more than 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 > Media > Image Library www.datwyler.com/en/media/image-library/

Financial Calendar:
Interim Report 2019             13 August 2019