euro adhoc: P&I Personal & Informatik AG
Dividend Announcements/Distribution /
P&I AG proposes dividend distribution and confirms preliminary results for
business year 2005/2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
31.05.2006
At today's meeting, the supervisory board and the executive management of P&I AG decided to propose a dividend distribution to the annual general meeting on August 29th 2006 for the first time. The dividend is to amount to 3.00 euros per share and will consist of two components: a non-recurrent special dividend from the distributable capital reserves in the amount of 18.8 million euros and approx. 50 percent of the profit carried forward and the net earnings of P&I AG for the financial year 2005/2006 in the amount of 4.3 million euros. On the basis of 7,700,000 issued shares, this means there will be a distributable amount of 23.1 million euros.
Furthermore, the company has confirmed the results for the business year 2005/2006, which it had already announced provisionally on May 16th 2006:
The P&I concern posted the amount of 9.8 million euros (previous year: 5.2 million euros) as earnings before taxes and interest (EBIT) and increased the EBIT margin from 11.6 percent in the previous year to 19.6 percent. Total consolidated turnover increased by 5 million euros to 50 million euros. With respect to earnings after taxes (EAT), the P&I concern reported an improvement of its results from 3.4 million euros to 7.5 million euros. Profit per share amounted to 96 cents and was thus 119 percent higher than the previous year's result in the amount of 44 cents. The results will be presented in detail in conjunction with the financial statement press conference on June 22nd 2006.
end of announcement euro adhoc 31.05.2006 20:15:50
Further inquiry note:
Andreas Granderath
Telefon: +49(0)611 7147 267
E-Mail: agranderath@pi-ag.com
Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technologie All Share
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