- After successful extension as a technology group, expansion and integration are to make euromicron even more profitable
- Continuity in dividend policy: profit distribution of €1.00 a share on earnings per share of €1.78 make euromicron a lucrative investment
euromicron is defying the crisis and also sticking to its growth forecasts after the end of the first half of 2009. Following a record-breaking 2008 with sales of €165 million, the company is aiming to reach the 200 million mark in 2009. Späth’s forecast target for 2011 is around €300 million. He notes that the company has signed contracts for a significant portion of the orders for sales planned for 2009.
“As an all-round solution provider of network infrastructures and applications, we know what our market opportunities are,” states Späth. The Group aimed to exploit them and leverage these huge potentials, for example in the promising market of e-health. euromicron has therefore acquired suitable licenses for the fields of health, nursing and care of the aged.
However, further products and services are to be included in the portfolio to secure growth. The Group mainly aims to grow through its own strength. However, acquisitions are not ruled out if a company fits into the Group’s product and service portfolio and the price is right. Späth still sees a need for growth in the international arena.
euromicron remains committed to continuity in its dividend policy, taking into account the interests of lenders, shareholders and the company. As has been the case for years, around half of net income for the year will be used for repaying loans and expanding the Group, with the other half being distributed as a dividend. euromicron’s shareholders will even obtain €1.00 a share for the past fiscal year. This corresponds to earnings per share of €1.78 and a payout of 56 percent of profits.
“euromicron has always – even when it was listed on the Neuer Markt – paid its shareholders a reasonable dividend. Shareholders have a right to receive decent interest on their capital,” says Späth. “Our shareholders can rely on continuity in our dividend policy in the coming years, too,” adds euromicron’s Chairman of the Executive Board.
euromicron AG is an all-round solution provider for communications, data and security networks. Its network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies.
Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is now a strongly growing, highly profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration and expansion.