JOST Werke SE Shareholders Approve Increased Dividend

JOST Werke SE, a prominent global supplier in the commercial vehicle industry, held its Annual General Meeting on May 8, 2024, where shareholders overwhelmingly approved various board resolutions. A notable outcome was the agreement to distribute a dividend of EUR 1.50 per share for the fiscal year 2023, marking an increase from the previous year's EUR 1.40 per share. This decision reflected the company's robust financial performance despite challenging economic conditions.

Additionally, audits for the year were assigned to PricewaterhouseCoopers GmbH for financial statements and to Spall & Kölsch Wirtschaftsprüfungsgesellschaft for the sustainability report. The assembly also endorsed the extension of Joachim Dürr's tenure as CEO until 2029, acknowledging his impactful leadership through turbulent times including the corona pandemic and inflationary pressures. Under his guidance, JOST has seen significant growth and enhanced market competitiveness.