Duni AB Approves No Dividend Should Be Paid for the Financial Year 2019; Approves Board Changes
May 12, 2020 at 11:15 am EDT
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Duni AB (publ) announced that at its Annual General Meeting held on May 12, 2020, decided that no dividend should be paid for the financial year 2019.
The company also announced that Pia Rudengren and Magnus Yngen had declined re-election. Morten Falkenberg, Sven Knutsson and Pia Marions was elected as new members of the board. The AGM elected Thomas Gustafsson as Chairman of the Board. At the statutory meeting of the Board held in conjunction with the AGM, Pauline Lindwall (Chairman), Morten Falkenberg and Thomas Gustafsson were elected to the Remuneration Committee. Pia Marions (Chairman), Sven Knutsson and Thomas Gustafsson were elected to the Audit Committee.
Duni AB is a Sweden-based company that designs, produces and markets table setting products. It also provides packaging and packaging systems to the take-away market. In March 2014, the Company introduced new organizational structure, based on five business areas. The Professional business area was divided in three separate ones: the Table Top, offering napkins, table coverings and candles for traditional restaurants in Europe; the Meal Service, manufacturing products for take-away packaging, serving and catering, targeting fast food segment; and the New Markets, active in geographic markets outside Europe. In addition, it is active in the Consumer business area, focused on the grocery retail trade; and the Materials and Services, comprising all other sales, such as tissue paper and hygiene products. Duni AB operates in over 15 countries and has production units in Sweden, Germany and Poland. In June 2014, it acquired 100% of the shares in the Paper+Design Group.
DUNI AB 
