Brief: Maschinenfabrik Berthold Hermle To Propose Unchanged Dividend

Maschinenfabrik Berthold Hermle AG

18/03/2020 14:33

March 18 (Reuters) - Maschinenfabrik Berthold Hermle AG  MBHG_p.F :
    * ECONOMIC DOWNTURN AND THE CORONA CRISIS WILL LEAD TO A SHARP DECLINE IN BUSINESS IN 2020
    * TEMPORARY SHUTDOWN OF PRODUCTION AND REDUCED DISTRIBUTION PLANNED
    * FY CONSOLIDATED SALES AT AROUND EUR 463 MILLION (PREVIOUS YEAR: EUR 452.9 MILLION)
    * TO PROPOSE UNCHANGED BASIC DIVIDEND OF EUR 0.80 PER ORDINARY SHARE AND EUR 0.85 PER
PREFERENCE
SHARE
    * TO PROPOSE BONUS REDUCED TO EUR 9.20 (PREVIOUS YEAR: EUR 14.20) PER SHARE
    * FY ORDER BACKLOG ACROSS THE GROUP WAS AROUND EUR 99 MILLION (PREVIOUS YEAR: EUR 148.0
MILLION)

Source text for Eikon:  ID:nEQbm0Rjta 
Further company coverage:  MBHG_p.F 

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