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Dividend of EUR 0.75 per share approved at Grammer AG's Annual General Meeting
More than 86 percent of the voting share capital was represented at Grammer AG's Annual General Meeting, thus exceeding the previous year's record percentage.
"2018 as well as 2019 to date have been marked by major challenges facing the entire automotive industry both at the sector and macroeconomic level. Grammer AG has held its ground in this difficult market environment but is also feeling the economic impact. Our organic growth in 2018 in the automotive segment was somewhat slower than in the previous year. However, with the distribution of the dividend, we are acknowledging the Group's strong position and allowing shareholders to participate in the Company's success," said Manfred Pretscher, Chief Executive Officer of Grammer AG.
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