STEMMER IMAGING AG Distributes Increased Dividend Following Annual General Meeting

On May 14, 2024, STEMMER IMAGING AG held its Annual General Meeting (AGM) in Puchheim, marking the first in-person event in four years for the company. During this meeting, the shareholders approved a substantial dividend of EUR 2.70 per share for the fiscal year 2023, a significant increase from the previous year's EUR 1.00. This decision aligns with the company's revised dividend policy, which now aims to distribute a minimum of 70% of its net profit.

The company highlighted its resilient performance amidst ongoing economic challenges, with Klaus Weinmann, Chairman of the Supervisory Board, acknowledging the crucial contribution of the employees to the company’s stability and success during the year. Arne Dehn, CEO, expressed confidence in the company’s strategic positioning within the machine vision technology sector, ensuring its preparedness for future developments.

Detailed voting results and additional information from the AGM are accessible on the company's website under the Investors section. STEMMER IMAGING is scheduled to release its half-year financial results for 2024 on August 13.