DGAP-Ad-hoc: STS Group AG / Key word(s): Dividend/Miscellaneous STS Group AG makes net profit of approximately EUR 1,374,000 for the financial year 2021 - proposed distribution of EUR 0.04 per share Hallbergmoos/Munich, March 30, 2022. Today, in the course of the preparation of the annual financial statements for the financial year 2021, a provisional net profit of approximately EUR 1,374,000 (financial year 2020: EUR 0) has been confirmed by the Management Board of STS Group AG (ISIN: DE000A1TNU68), listed in the General Standard of the Frankfurt Stock Exchange. The provisional net profit for the financial year 2021 arises from cost-saving measures, including the restructuring of the group headquarters, and the dividend paid by a foreign subsidiary of STS Group AG. The Management Board intends to submit a proposal for the appropriation of profits to the Annual General Meeting to be held on May 24, 2022, which provides for the distribution of a dividend in the amount of EUR 0.04 on each no par value share entitled to dividends for the financial year 2021. The planned total amount of the dividend for the financial year 2021, thus, amounts to EUR 260,000 (2020 financial year: EUR 0), which corresponds to the minimum dividend on each no par value share entitled to dividends pursuant to the German Stock Corporation Act. In addition, it will be proposed to the Annual General Meeting that the remaining amount of approximately EUR 1,114,000 transferred to retained profits in order to meet the planned further growth of STS Group AG and the upcoming investment requirements.
30-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | STS Group AG |
Kabeler Str. 4 | |
58099 Hagen | |
Germany | |
E-mail: | ir@sts.group |
Internet: | https://sts.group |
ISIN: | DE000A1TNU68 |
WKN: | A1TNU6 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1316209 |
End of Announcement | DGAP News Service |
|
1316209 30-March-2022 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.