IVU Traffic Technologies AG is distributing a dividend for the first time in its history. At the annual general meeting on June 3, in Berlin, a large majority of the shareholders voted to pay a dividend of €0.05 per share, following a recommendation by the Management and Supervisory Boards after another very positive business performance in 2014.
With sales growth of 2 percent to € 47.2 million and a 13 percent rise in operating earnings (EBIT) of €4.3 million, the Group generated record-breaking figures again last year. The shareholders honoured this development and approved the Management Board’s conduct with an emphatic majority vote of 99 percent.
“We are very proud that we are able to distribute a dividend for the first time this year,” said Martin Müller-Elschner, CEO IVU Traffic Technologies AG, on the annual general meeting’s resolution. “It shows that we are on the right track with our strategy. We will continue our sustainable and substantial growth of recent years into the future.”
The shareholders’ confidence in the corporate strategy is also reflected in the price growth of recent months. “The dividend payment is a strong signal to the stock markets,” added IVU Management Board member Dr Helmut Bergstein. “It underscores IVU’s positive performance and makes us an even more interesting proposition for investors.”
