Daetwyler : 08. March 2017, Datwyler’s AGM approves all Board proposals

08. March 2017

Paul Hälg newly elected as Chairman

Dätwyler Holding Inc. held its 59th Annual General Meeting at the theater (uri) Tellspielhaus in Altdorf on Tuesday, 7 March 2017. The shareholders attending the meeting approved all proposals put for-ward by the Board of Directors.

In view of the fact that operating profitability has remained strong for several years and the highly promising potential for growth, the Annual General Meeting resolved to pay an unchanged dividend of CHF 2.20 per bearer share and CHF 0.44 per registered share. This equates to a distribution ratio of 64.9% of the reported or 32.0% of the adjusted net result. The dividend will be paid from 13 March 2017 upon presentation of Coupon No. 11. The day the shares commence trading without entitlement to the dividend (the ex-date) is 9 March 2017.

Chairman of the Board of Directors Ulrich Graf and long-standing board members Hans R. Rüegg and Ernst Lienhard were no longer able to stand for re-election due to their age. Paul Hälg was ap-pointed as the new Chairman to follow Ulrich Graf at the Annual General Meeting. Paul Hälg suc-cessfully led the Datwyler Group as CEO from 2004 to late 2016. 'I am deeply gratified that we could fill the positions of Chairman of the Board of Directors and CEO with competent staff from among our own ranks,' explained Ulrich Graf, who successfully presided over the Board of Dätwyler Holding Inc from 2005 to 2017.

The other Directors were re-elected for a further one-year term. The separate meeting of bearer shareholders elected Jürg Fedier as their representative on the Board of Directors. The Board of Di-rectors has appointed Hanspeter Fässler as Vice-Chairman, succeeding Hans R. Rüegg. The Board of Directors of Dätwyler Holding Inc. now consists of seven members.

Datwyler Group (www.datwyler.com)
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market seg-ments. With its technological leadership and customised solutions, the Group delivers added value to cus-tomers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods indus-tries. The Technical Components division is one of Europe's foremost high-service distributors of mainte-nance, automation, electronic and ICT components and accessories. With a total of some 50 operating com-panies, sales in over 100 countries and more than 7'000 employees, the Datwyler Group generates annual revenue of more than CHF 1'200 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

Enquiries: Guido Unternährer, Head of Corporate Communications, [phone]

Photos (in print quality):www.datwyler.com/en/media/image-library

Financial Calendar: 11 August 2017: Interim Report 2017

Press release as download