Roding, 29 April 2010 – On 29 April 2010, at the 12th Annual General Meeting of Mühlbauer Holding AG & Co. KGaA, the company’s shareholders approved the dividend payment proposed in respect of the 2009 financial year. Thus, without a dissentient vote shareholders complied with the proposal of the personally liable shareholder and Supervisory Board of paying a dividend of EUR 1.00. Furthermore, the Annual General Meeting granted the personally liable shareholder and the Supervisory Board discharge in respect of the financial year and approved all further items on the agenda. 50.8% of the capital entitled to vote was present.
In his speech before approx. 200 shareholders, Josef Mühlbauer, the personally liable shareholder of the Mühlbauer Group, provided a review of the 2009 financial year and an outlook on the Group’s future responsibilities and strategic goals: “We have come considerably closer to achieving our vision of no longer functioning merely as a provider of technological equipment but rather as a system partner. The recent large-scale orders with complete responsibility that we have been awarded demonstrate that our unique business model and our orientation on system solutions are attracting the interest of the market.” The positioning of the Group was to be further strengthened through its consistent internationalization and through continual investments into new technologies and innovations. Mühlbauer was positive with regard to the Group’s further development: “Thanks to our unique technological and market competence, our effective team and responsibly-minded corporate culture we operate on a stable and solid basis, from which we will continue to blaze our own trail.”
Two days prior to the Annual General Meeting, Mühlbauer presented the Q1 figures. While both quarterly sales and earnings were under the level for the same period of the previous year, Mühlbauer’s start to the 2010 financial year was extremely positive – posting the highest order income in the company’s history – thanks to a growth of orders in all business areas and a large-scale order in its core business area Cards & TECURITY®, awarded during the reporting period. As a result of the strong rise in order backlog to the end of the reporting period the company is expecting to achieve a significant upturn in sales and earnings as of the second quarter.
