
Dividend
On April 24, 2008, the Annual General Meeting approved a dividend of 42.47 Euro cents per share for fiscal year 2007. Relative to the closing share price for 2007, the dividend amounted to a yield of 3.1%. Based on the 18,837,375 dividend-eligible shares at the time, EUR 8 million was distributed to shareholders during the reporting year.
In view of the challenging overall economic conditions, the Board of Directors proposes to the Annual General Meeting that no dividend be distributed for fiscal year 2008. The focus is currently on streamlining costs and corporate structures as well as securing refinancing for the Company.
