on HELLA GmbH & Co. KGaA (isin : DE000A13SX22)
HELLA Shareholders Approve €0.71 Dividend Per Share at 2024 Annual General Meeting
At the Annual General Meeting held on April 26, 2024, shareholders of HELLA GmbH & Co. KGaA overwhelmingly voted to approve a dividend payment of €0.71 per share. This continues the company’s consistent policy of distributing approximately 30% of its net result to shareholders, representing a total dividend payout of €79 million for fiscal year 2023.
During the meeting, CEO Bernard Schäferbarthold highlighted the company's strategic achievements, including a strong order intake and positioning within the FORVIA Group, providing it additional growth opportunities. The fiscal year 2023 saw FORVIA HELLA post adjusted sales of €8.1 billion and achieve an operating income margin of 6.1% amidst a complex market scenario.
The Assembly, which took place at Rheda-Wiedenbrück, was attended by approximately 120 shareholders and additional guests, representing 89.99% of the share capital. Detailed results of the votes and a full transcript of the CEO's speech will be available on the company's website.
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