Borsteler Chaussee 53
22453 Hamburg, de
+49 (40) 500177-00
UMS AG publishes 2012 Annual Report
As already reported on March 18, 2013, earnings per UMS share increased by 21% in fiscal year 2012, from 47 cents in the previous year to 57 cents. Consolidated sales under IFRS rose by 9 percent, from EUR38.3 million in the previous year to EUR41.9 million. At constant exchange rates, the total increase in sales amounted to one percent.
UMS expects sales and earnings to again increase for the current fiscal year of 2013. Assuming a stable exchange rate, the company expects earnings per share to increase to between 60 and 65 cents, with consolidated sales between EUR43 and 45 million.
Because of the stable and positive earnings outlook and the strong balance sheet, the management board and the supervisory board will suggest to the annual shareholders' meeting in Hamburg on June 6, 2013 that the company distribute a dividend of 55 cents per share, up from 50 cents last year. The distribution will come from the tax contribution account and will be paid without withholding taxes.
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