Attendance at the Annual General Meeting corresponded to 83% of the share capital. Each of the items on the agenda received more than 99% approval.
Dr Rainer Baumgart, Chairman of the Management Board, reported on the past financial year. From the 2019 balance sheet profit of 13.2 million euros, secunet Security Networks AG is distributing a regular dividend of 1.13 euros per share and a special dividend of 0.91 euros per share for a total dividend of 2.04 euros per share (previous year: 1.20 euros). The Annual General Meeting approved the corresponding resolution on the appropriation of profit with 99.9%.
“For the fifth year in a row, secunet has achieved record results in both revenue and EBIT,” Dr Baumgart noted. “On the one hand, this proves the correctness of our strategy of concentrating on high-quality, trustworthy IT security. On the other hand, it enables our shareholders to participate in the success of the company with an absolute increase in dividends.”
Axel Deininger concluded the report on the company’s position with the outlook. He will take over as Chairman of the Management Board following the retirement of Dr Baumgart in June 2019. “With its high technological expertise, secunet Group is excellently positioned for the future in the growing market for IT security,” Deininger stated in his speech. “Thanks to the successful launch of the secunet konnektor for the healthcare industry, the company got off to an excellent start in 2019. We have a positive outlook for the year as a whole – we expect long-term growth to continue.” On 2 May 2019, the company raised its forecast for the 2019 financial year to sales revenues of 190 million euros and an EBIT of around 30 million euros.
The Chairman of the secunet AG Supervisory Board, Ralf Wintergerst, thanked Dr Baumgart for his many years of successful work.
As stipulated by the election cycle, the members of the secunet AG Supervisory Board were newly elected. Ralf Wintergerst, Dr Peter Zattler, Dr Elmar Legge and Prof Dr Günter Schäfer were re-elected to the Supervisory Board of secunet Security Networks AG as shareholder representatives. For reasons of age, Wolf-Rüdiger Moritz and Hans-Joachim Kunz no longer stood for the Supervisory Board. Ralf Wintergerst, Chairman of the secunet AG Supervisory Board, thanked both departing members for their successful work on the Supervisory Board. In accordance with the One-Third Participation Act, the secunet workforce elected Ms Gesa-Maria Rustemeyer and Mr Jörg Marx as employee representatives on the Supervisory Board. At the constituent meeting of the secunet AG Supervisory Board, which took place immediately after the Annual General Meeting, Ralf Wintergerst was confirmed as Chairman and Dr Peter Zattler as Vice Chairman of the Supervisory Board.
The voting results of the Annual General Meeting are available on the company’s website www.secunet.com under The Company / Investor Relations / Annual General Meeting. Next date in the financial calendar: 7 August 2019: Publication of the 6-month report regarding the period ending 30 June 2019.
Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.
