Semperit Executive Board proposes basic dividend of EUR 1.50 per share plus a conditional additional dividend of EUR 2.00 to EUR 3.50 per share for 2022
Vienna, Austria, 1 March 2023 -
The Executive Board of Semperit AG Holding has decided to propose to the Annual General Meeting a basic dividend of EUR 1.50 per share as well as a conditional additional dividend of EUR 2.00 to EUR 3.50 per share for the 2022 financial year. This results in a total dividend proposal of a maximum of EUR 5.00 per share for the 2022 financial year (previous year: EUR 1.50 per share). The basic dividend will be paid out on 3 May 2023.
The entitlement to the additional dividend depends on the sale of the medical business (Sempermed; production of examination gloves including sales organisation first) by 30 September 2023. The closing of the sale of the medical business is, in particular, still subject to the approval of the foreign direct investment control and competition authorities.
The exact amount of the additional dividend proposal depends on the economic outlook and on organic and inorganic growth projects becoming more substantiated. The Executive Board will announce a more concrete additional dividend proposal in due time before the Annual General Meeting of Semperit AG Holding on 25 April 2023.
This one-time deviation from the dividend policy of Semperit AG Holding should be seen in light of the successful separation from the medical business.
About Semperit
The publicly listed company Semperit AG Holding is an internationally oriented group that develops and produces highly specialised polymer products for the industrial and medical sectors, selling them in over 100 countries around the world: hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, products for railway superstructures, and examination and surgical gloves. Founded in 1824, this long-standing Austrian company has its headquarters in Vienna, Austria. The Semperit Group employs around 7,000 people worldwide, including some 3,800 in Asia and approximately 900 in Austria (Vienna and production site Wimpassing, Lower Austria). The Group has 16 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, Australia, and America. In 2021, the Group generated revenue of EUR 1,182.2 million and an EBITDA of EUR 361.8 million.
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