MAX Automation SE
M.A.X. Automation AG well positioned to achieve sustained growth in attractive future markets
DGAP-News: M.A.X. Automation AG / Key word(s): AGM/EGM M.A.X. Automation AG well positioned to achieve sustained growth in attractive future markets – Management Board explains growth strategy in greater detail at the Annual General Meeting – Shareholders approve unchanged dividend of EUR 0.15 per share for financial year 2015 Düsseldorf, August 26, 2016 – The Management Board of M.A.X. Automation AG presented its future growth strategy for the high-tech mechanical engineering company today at the Annual General Meeting held in Dusseldorf. M.A.X. Automation is increasingly benefiting from global market drivers such as the growing variety of types and the reduction of CO2 emissions in the automotive industry, the trends toward autonomous driving and electric mobility, the increasing importance of sustainability and environmental protection as well as the demographic development. The fields of action relate mainly to: – Focusing the M.A.X. Group on identified growth areas, also through acquisitions. – Expansion of its presence and local value creation in attractive foreign markets with the possibility of matching acquisitions. – Development of further concrete offerings in the area of networked production (“Industry 4.0”). – Reducing volatility with respect to order intake, operational excellence in project execution and expansion of the service business. – Increased use of existing synergies and increasing value creation within the Group. M.A.X. Automation has made significant progress in transforming itself into a decentralized high-tech industrial Group over the past two years. The company has also completed its efforts to focus its portfolio on its core businesses by selling the operations of its environmental subsidiary altmayerBTD GmbH & Co. KG. Annual General Meeting approves agenda items In addition, the shareholders resolved to arrange for M.A.X. Automation shares to be converted from bearer into registered shares. This change will increase the transparency of the shareholder base and make it easier for the company to stay in contact with its shareholders. In addition, the shareholders also voted in favor of a change in the company’s future name to “MAX Automation AG.” This change is being made for simplicity reasons. Daniel Fink, CEO of M.A.X. Automation AG: “M.A.X. Automation together with its Group companies has achieved a high level of innovation and is well positioned to significantly benefit from developments in the area of Industry 4.0, in the automotive industry and in climate protection. Sustained growth is thus ensured in attractive growth markets.” Contact: About M.A.X. Automation AG
2016-08-26 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | M.A.X. Automation AG | |
Breite Straße 29-31 | ||
40213 Düsseldorf | ||
Germany | ||
Phone: | +49 (0)211 90991-0 | |
Fax: | +49 (0)211 90991-11 | |
E-mail: | Investor.Relation@maxautomation.de | |
Internet: | www.maxautomation.de | |
ISIN: | DE0006580905 | |
WKN: | 658090 | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |