Pironet NDH to Pay First-Ever Dividends

Cologne, (PresseBox) - Today's shareholders' meeting of the Pironet NDH AG saw almost 100% of the shareholders present voting in favor of paying out a dividend of €0.10 per share for the last business year. This is the first such payment to be made to shareholders since the company flotation in 1995.

The remaining agenda points were also passed by a minimum of at least 99,93% of the shareholders.

At the meeting, Pironet NDH Chairman Hans-Werner Scherer confirmed the ongoing growth of the company. He forecast an increase in turnover from €53.9m to more than €60m in 2008, along with a profit increase in double figures.

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