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Mühlbauer shareholders delighted about high dividendRoding, )
In his speech in front of nearly 200 shareholders the CEO Josef Mühlbauer took positive stock of what had been achieved and stressed that due to heightened security claims of the world's governments and authorities TECURITY solutions will also in future remain the leading force. "All ID-documents will become smart and we fully participate in this market" as Mühlbauer describes the potential of his Smart Card- and ePassport-solutions. By mentioning the newly established ePassport project Portugal Mühlbauer could announce yet another ID project. In order to enhance the presence on the global market the international orientation of the enterprise should be enforced by new locations. Because of this Mühlbauer is optimally positioned and, moreover, sees a good chance of generating above-average gains in the growth market of RFID-Smart Labels. This especially applies to the second half of this year.
As the quarterly report published on the previous day shows the shareholders can continue having a positive outlook for the future: With a 48.3 % increase in sales over the same quarter of last year, Mühlbauer made a positive start in in the new financial year supported from a positive order book. Order income amounted to EUR 37.8 million and the order backlog to EUR 80.0 million (77.2)
99% of the present shareholders supported nearly all the items of the agenda that had been proposed for voting. A even higher percentage (99,99%) supported the ratification of the acts of the personally liable shareholder. This is a sign of confidence for the entire company and it feels under compulsion to boost this confidence by a straightforward and transparent financial communication.
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