WACKER NEUSON SE
DGAP-News: Wacker Neuson SE / Key word(s): AGM/EGM
Wacker Neuson SE: Annual General Meeting of Wacker Neuson SE approves dividend of EUR 0.60 per share; Executive Board
optimistic about remainder of the year despite continued uncertainty
2021-05-26 / 16:18
The issuer is solely responsible for the content of this announcement.
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Annual General Meeting of Wacker Neuson SE approves dividend of EUR 0.60 per share; Executive Board optimistic about
remainder of the year despite continued uncertainty
. Annual General Meeting approves proposals submitted by management with a large majority
. Shareholders approve dividend of EUR 0.60 per share
. Remuneration systems for Executive Board and Supervisory Board meet with broad approval
. Positive outlook despite significant uncertainty in the supply chain
. New Executive Board team complete from June 1
Munich, May 26, 2021 - At today's virtual Annual General Meeting, Wacker Neuson SE shareholders approved all items on
the agenda proposed for resolution with a large majority. Votes were cast for approximately 79 percent of the share
capital.
Shareholders approve dividend in the amount of EUR 0.60
The dividend payout proposed by the Executive Board and Supervisory Board in the amount of EUR 0.60 per share for the
past fiscal year was approved by shareholders. In light of the unpredictability surrounding the ramifications of the
COVID-19 pandemic, the Annual General Meeting had resolved to suspend the dividend payout in the previous year.
Further votes saw the Annual General Meeting approve the new remuneration system for the Executive Board with a large
majority and also ratify the remuneration system for the Supervisory Board presented at the meeting. In addition, the
actions of the Executive Board and Supervisory Board were approved for fiscal 2020. Ernst & Young GmbH
Wirtschaftsprüfungsgesellschaft, Stuttgart, was again appointed as auditor. All voting results can be viewed here:
www.wackerneusongroup.com/hv
Positive outlook despite major uncertainty in the supply chain
2021 got off to an extremely successful start for Wacker Neuson with the Group reporting revenue growth of 6 percent in
the first quarter and a significant rise in profitability (EBIT margin: 10.0 percent; +3.0 percentage points relative
to previous year). "The mood in our key target industries remains very positive and demand for our products is high,"
explains Kurt Helletzgruber, CEO and CFO of Wacker Neuson SE. "The situation regarding global supply chains remains
challenging, however, and material shortages and rising prices for raw materials, components and transport will
continue to be the biggest sources of uncertainty over the remainder of the year also for us," he adds. As before, the
Group expects to generate revenue of between EUR 1,700 million and EUR 1,800 million for the year as a whole with an
EBIT margin in the 8.0 to 9.5 percent range.
New Executive Board team complete from June 1
As previously announced, Dr. Karl Tragl will take on the role of new CEO and Chairman of the Executive Board of Wacker
Neuson SE on June 1, 2021. Christoph Burkhard will assume the position of Chief Financial Officer (CFO) on June 1. With
these appointments, the Executive Board of Wacker Neuson SE will again comprise four members. Felix Bietenbeck is Chief
Operations Officer (COO) and Chief Technology Officer (CTO), Alexander Greschner remains Chief Sales Officer (CSO). Mr.
Kurt Helletzgruber will return to the Supervisory Board as planned when the new members of the Executive Board join the
company (see also Corporate News published on March 23, 2021 and May 5, 2021).
Contact:
Wacker Neuson SE
Christopher Helmreich
Head of Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Tel. +49-(0)89-35402-427
christopher.helmreich@wackerneuson.com
www.wackerneusongroup.com
About the Wacker Neuson Group:
The Wacker Neuson Group is an international network of companies, employing around 5,500 people worldwide. In fiscal
2020, the Group achieved revenue of EUR 1.6 billion. As a leading manufacturer of light and compact equipment, the
Group offers its customers a broad portfolio of products, a wide range of services and an efficient spare parts
service. Wacker Neuson Group is the partner of choice among professional users in construction, gardening, landscaping
and agriculture, as well as among municipal bodies and companies in industries such as recycling and rail transport.
The product brands Wacker Neuson, Kramer and Weidemann belong to the Group. Wacker Neuson SE shares are listed on the
regulated Prime Standard segment of the Frankfurt Stock Exchange (ISIN: DE000WACK012, WKN: WACK01) and are member of
the SDAX.
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2021-05-26 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Wacker Neuson SE
Preußenstr. 41
80809 München
Germany
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 (0)89 354 02 - 298
E-mail: ir@wackerneuson.com
Internet: www.wackerneusongroup.com
ISIN: DE000WACK012
WKN: WACK01
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1201002
End of News DGAP News Service
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May 26, 2021 10:19 ET (14:19 GMT)
