Henkel AG & Co. KGaA’s Annual General Meeting saw all resolutions on its agenda passed by the voting shareholders. A total of about 2,000 shareholders attended the event, which was held in Düsseldorf on April 4, 2014.
At Henkel’s Annual General Meeting today, CEO Kasper Rorsted reviewed the company’s successful performance in the fiscal year 2013. Referring to the challenging economic conditions, he said: “Despite a difficult environment, we achieved all our financial targets. Our businesses are well positioned and we again generated solid growth.” Rorsted also underlined the progress that has been made in implementing the company’s strategy through to 2016. “In 2013, we took another step toward realizing our vision for Henkel: becoming a global leader in brands and technologies. We have defined a clear strategy with ambitious targets. Now, we are focused on implementing our strategic priorities globally.”
Henkel AG & Co. KGaA has been notified today that the Henkel family has extended its share-pooling agreement, which covers around 59 percent of the ordinary shares with voting rights in the company. The contract, which could originally be first terminated as of December 31, 2016, has been concluded for an indefinite term and can now first be terminated as of December 31, 2033.
Henkel is publishing its Sustainability Report for 2013 today. The report details the important environmental and social progress made by the company over the last year. One key aspect is the active involvement and training of employees worldwide. This 23rd report also highlights sustainable product innovations. These efforts are always aligned to the long-term goal of the company: to triple its resource efficiency by 2030.
The Henkel iPad app is now providing an Investor Relations section and allows Investors and Analysts to stay up to date with the newsflow, even when on the move. Get the latest financial news, share prices and information on upcoming and past Investor Relations events or Annual General Meetings including presentations, webcasts or videos. A calendar function allows it to import Henkel event dates directly into your individual calendar on your iPad. Moreover, the app offers access to Financial Reports and the Investor Factbook.
The Management Board of Henkel AG & Co. KGaA has decided in its meeting today to propose a future dividend payout ratio of between 25 and 35 percent of net income after non-controlling interests and adjusted for exceptional items, depending on Henkel’s asset and profit positions as well as its financial requirements. Up to now the dividend payout ratio was at around 25 percent. For the fiscal year 2013, a dividend payout ratio of around 30 percent will be proposed to shareholders at the company’s Annual General Meeting on April 4, 2014. Today’s Management Board resolution is subject to approval from the Supervisory Board and the Shareholders’ Committee.