Kendrion N : postpones Annual General Meeting of Shareholders
March 30, 2020 at 04:03 am EDT
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30 March 2020
Kendrion postpones Annual General Meeting of Shareholders
Health and safety of all its stakeholders are Kendrion's absolute priority. Following the outbreak of the Coronavirus (COVID-19) and the health and safety risks associated with an in-person meeting of a group of people, Kendrion has decided to postpone its Annual General Meeting of 6 April 2020.
A new date for the meeting will be announced as soon as possible.
Amsterdam, 30 March 2020
The Executive Board
>Press - Kendrion postpones Annual General Meeting of Shareholders
>
^For moreinformation
Cleo Ferreira
Corporate Communications Manager
Kendrion N.V.
Group Services
Vesta Building 5th floor - Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
Phone: +31 85 0731504
> cleo.ferreira@kendrion.com
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Kendrion NV published this content on 30 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2020 08:02:03 UTC
Kendrion N.V. specializes in the design, manufacturing and marketing of intelligent actuators that help advance the global push towards automation, electrification and cleaner forms of energy in a wide range of industrial and automotive applications. These actuators can be found in wind power turbines, robots, warehouse automation, electric vehicles, energy distribution and industrial heating processes. Net sales break down by business segment as follows:
- Automotive (50.5%): electromagnetic systems and components for passenger cars and commercial vehicles;
- Industrial (49.5%): industrial actuators and controls (solutions based on electromagnetic actuators, control technology and fluid technology) and industrial brakes (electromagnetic brakes for electromotors).
Net sales are distributed geographically as follows: Netherlands (2.9%), Germany (59.7%), Europe (18.7%), Americas (10%) and Asia (8.7%).