01.03.2016
A.S. Création Tapeten AG DE000A1TNNN5
DGAP-Adhoc: A.S. Création Tapeten AG: Managing Board and Supervisory Board propose dividend of EUR 0.60 per share for FY 2015
A.S. Création Tapeten AG / Key word(s): Dividend/Final Results
01.03.2016 16:42
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
A dividend of EUR 0.60 per share for the fiscal year 2015 will be proposed
to the Annual General Meeting of Shareholders of A.S. Création Tapeten AG,
which is scheduled for April 28, 2016. At today's meeting, the Supervisory
Board approved the corresponding profit appropriation proposal submitted by
the Managing Board. Due to the loss incurred in the fiscal year 2014, A.S.
Création paid no dividend in the previous year.
A.S. Création generated consolidated sales revenues of EUR 166.5 million
(previous year: EUR 189.1 million) in the fiscal year 2015. At EUR 7.9
million, earnings before interest and taxes clearly exceeded the previous
year's EUR 3.3 million. Having incurred a loss of EUR 9.3 million in the
previous year, A.S. Création again posted a profit after taxes of EUR 3.3
million in the fiscal year 2015. The consolidated financial statements for
the year ended December 31, 2015, which include further details, is
scheduled for publication on March 17, 2016.
The dividend policy of A.S. Création Tapeten AG provides for a high payout
ratio as long as this is permitted by the company's financial situation. Up
to the fiscal year 2013, A.S. Création's payout ratio in terms of earnings
per share (EPS) had settled at a level of between 45% and 50%. The current
dividend proposal of EUR 0.60 per share represents a payout ratio of 50.4%
based on the fiscal year's EPS of EUR 1.19. A.S. Création thus continues
its consistent dividend policy after the previous year's suspended dividend
payment.
Gummersbach, March 1, 2016
A.S. Création Tapeten AG
The Managing Board
Inquiries:
Maik Krämer, Director of Finance and Controlling
Phone: +49-2261-542 387
Fax: +49-2261-542 304
E-mail: [email protected]
01.03.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: A.S. Création Tapeten AG
Südstraße 47
51645 Gummersbach
Germany
Phone: +49 22 61 54 2-0
Fax: +49 22 61 54 2-3 04
E-mail: [email protected]
Internet: http://www.as-creation.de
ISIN: DE000A1TNNN5
WKN: A1TNNN
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
A.S. Création Tapeten AG ISIN: DE000A1TNNN5 können Sie bei EQS abrufen
Bauzulieferer , A1TNNN , ACWN , XETR:ACWN