Annual General Meeting elects new Supervisory Board members and approves dividend of €2.40 per share
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EQS-News: WashTec AG
/ Key word(s): AGM/EGM
The Annual General Meeting also approved all other items on the agenda by majority vote. It approved the proposal to pay a dividend of €2.40 per dividend-bearing share, as well as the two nominations. Susanne Heckelsberger and Sabine Simeon Aissaoui were elected as two new members of the Supervisory Board. “With their wide-ranging expertise and experience, our new colleagues are a great asset to our Supervisory Board. They round off our skills matrix very well. I am very much looking forward to working with them in the future,“ said Ulrich Bellgardt. He thanked the outgoing member of the Supervisory Board, Dr. Alexander Selent, for his many years of outstanding commitment: ”In the economic uncertainty of recent years, Dr. Alexander Selent's voice on the Supervisory Board has always been characterized by prudence and expertise. He has acted with clear thinking, economic foresight, and human integrity." In his speech, Michael Drolshagen, CEO of WashTec AG, explained how the company continued to develop in the 2024 fiscal year despite a challenging market environment and was able to significantly increase its operating profit (EBIT) despite a slight decline in sales. “In the past twelve months, my first twelve, we were able to set an important course for the future of WashTec. Among other things, we introduced a new organizational structure and launched various programs to reduce complexity and costs. The full effect of these measures will unfold in the coming years with further increases in profitability,” explained Michael Drolshagen. The voting results on the individual agenda items and resolutions of this year's Annual General Meeting can be found on the company website: Annual General Meeting About WashTec: The WashTec Group, based in Augsburg, Germany, is the world's leading provider of innovative solutions for vehicle washing. WashTec employs around 1,800 people worldwide and has subsidiaries in Europe, North America, and Asia/Pacific. In addition, WashTec is represented by independent sales partners in around 80 countries. Contact: WashTec AG Argonstrasse 7 86153 Augsburg E-Mail: ir@washtec.com
13.05.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | WashTec AG |
| Argonstraße 7 | |
| 86153 Augsburg | |
| Germany | |
| Phone: | +49 (0)821 / 55 84-0 |
| Fax: | +49 (0)821 / 55 84-1135 |
| E-mail: | washtec@washtec.de |
| Internet: | www.washtec.de |
| ISIN: | DE0007507501 |
| WKN: | 750750 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2136622 |
| End of News | EQS News Service |
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2136622 13.05.2025 CET/CEST
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