Corporate Performance Acknowledged / Annual General Meeting
Filderstadt, 16 March 2011 – All the agenda items at today’s annual general meeting of All for One Midmarket AG were approved by a large majority, including a dividend of 15 euro cents per share plus a special dividend of an additional 15 euro cents per share. »This special dividend is a way of allowing our shareholders to partake in the excellent progress the company has made in becoming one of the leading SAP full-service providers within the German-language midmarket segment«, reported All for One CEO Lars Landwehrkamp to some 80 shareholders, guests and press representatives. »As the economy picks up in our target markets of machinery and equipment manufacturers, automotive suppliers and project services companies, the title we earned from the Great Place to Work Institute as one of Germany’s best employers 2010 (»Deutschlands Beste Arbeitgeber 2010«) enhances our position on the job market.
A strong first quarter helped us make a robust start in the new financial year, and we reaffirm our projections of an increase in revenues in the mid-single-digit percentage range and an EBIT of approximately EUR 3.4 million for the full 2010/11 year«, added Landwehrkamp. The number of employees increased from 424 (30 September 2010) to 446 (31 January 2011).
Approximately 77 percent of the share capital was represented at the annual general meeting, which, among other things, approved a new authorised capital and granted the authority to repurchase company stock.