Ströer Media SE: Ströer proposes to increase its dividend to 40 cents
Mar 23, 2015 9:22 AM
Ströer Media SE / Key word(s): Dividend 23.03.2015 09:22 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. --------------------------------------------------------------------------- Today the board of management and supervisory board of Ströer Media SE decided to propose to the shareholder meeting on 30 June 2015 to increase the dividend to EUR 0.4 per share for fiscal year 2014. The proposal entails the distribution of EUR 19.5m in dividends and reflects the positive business performance in 2014 with an adjusted profit for the period of EUR 56.3m and a substantial reduction in net debt to EUR 275.4m. This sustainable dividend policy enables shareholders to partake in the Company's profitable growth while maintaining sufficient headroom for value-adding growth projects. Contact: Press contact: Marc Sausen Ströer Media SE Director Corporate Communications Ströer-Allee 1 | D-50999 Cologne Telephone: +49 (0)2236 - 96 45-246 Fax: +49 (0)2236 - 96 45-6246 E-Mail: info@stroeer.de IR Contact: Dafne Sanac Ströer Media SE Manager Investor Relations Ströer-Allee 1 | D-50999 Cologne Phone: +49 (0)2236 / 96 45-356 Fax: +49 (0)2236 / 96 45-6356 E-Mail: dsanac@stroeer.de 23.03.2015 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: Ströer Media SE Ströer Allee 1 50999 Köln Germany Phone: +49 (0)2236.96 45 0 Fax: +49 (0)2236.96 45 299 E-mail: info@stroeer.com Internet: www.stroeer.de ISIN: DE0007493991 WKN: 749399 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------