UZIN UTZ continues on course for success in 2016
Uzin Utz AG, a global full-range supplier of flooring systems, continued its dynamic growth course in the 2016 financial year: Sales rose from EUR 253.2 million to EUR 272.9 million (+7.8%). The result from ordinary activities increased disproportionately from EUR 18.9 million to EUR 24.9 million (+31.7%).
The Supervisory Board and Management Board of Uzin Utz AG will propose to the Annual General Meeting to be held in Ulm on May 9, 2017 that a dividend of EUR 1.30 per share (2016: EUR 1.00) be paid to shareholders for the 2016 financial year. Subject to approval by the Annual General Meeting, the 30 percent increase also represents a record distribution for shareholders.
"UZIN UTZ remained on track for success in 2016 and posted record figures. With our dividend proposal, we want our shareholders to participate in the success of the past financial year," says Thomas Müllerschön, CEO of Uzin Utz AG.
Uzin Utz AG's balance sheet press conference will take place on 11 April 2017, 10.30 a.m. in Ulm at the company's headquarters.