Managing Board plans special dividend due to significantly higher equity ratio and thus significantly higher dividend for the financial year 2017
Pullach, 12 March 2018 – The Managing Board of Sixt SE intends to propose to the forthcoming Annual General Meeting of the Company a dividend for the financial year 2017 of EUR 1.95 per ordinary share and EUR 1.97 per preference share, as well as an additional special dividend of EUR 2.05 per share for both share classes. This was resolved by the Managing Board at its meeting today on the basis of the preliminary, unaudited results for the financial year 2017. Subject to the approval of the shareholders at the Annual General Meeting, this corresponds to a total dividend of EUR 4.00 per ordinary share and EUR 4.02 per preference share (previous year: EUR 1.65 per ordinary share and EUR 1.67 per preference share. No special dividend was distributed for the previous year.).
Reason for the special dividend is mainly the significantly higher equity ratio of Sixt SE Group due to the good business and earnings performance in 2017 and the sale of its stake in the joint venture DriveNow to the BMW Group.
Tel.: +49 (0)89 74444-5104
Email: [email protected]