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ElringKlinger To Distribute Addl. Special Bonus For 2011 - Quick Facts

ElringKlinger AG (EGKLF.PK) said it will be distributing an additional special bonus for the financial year 2011.

As a result of a one-time gain from the sale of the Ludwigsburg industrial park in August 2011, net income for the ElringKlinger Group as a whole was boosted by an additional 16.5 million euros in 2011, having accounted for deferred taxes. Beyond the proposed regular dividend of 0.40 euros per share for the financial year 2011, shareholders are also to benefit from the aforementioned one-time gain. This is to be implemented in the form of an additional special bonus of 0.18 euros per share.

On this basis, the Management Board and the Supervisory Board will propose to the Annual General Meeting resolving on the 2011 financial year a total dividend of 0.58 euros per share, which represents a year-over-year increase of 65.7%.

by RTTNews Staff Writer

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