EQS-News: KAP AG’S ANNUAL GENERAL MEETING APPROVES ALL RESOLUTIONS PROPOSED BY THE MANAGEMENT BOARD AND SUPERVISORY BOARD
EQS-News: KAP AG
/ Key word(s): AGM/EGM
KAP AG’S ANNUAL GENERAL MEETING APPROVES ALL RESOLUTIONS PROPOSED BY THE MANAGEMENT BOARD AND SUPERVISORY BOARD Fulda, 12 July 2024 – The shareholders of KAP AG (“KAP”), a mid-sized industrial holding company listed on the stock exchange (German securities identification number: WKN 620840; ISIN DE0006208408), today approved by a large majority all resolutions proposed by the Management Board and Supervisory Board at the Company’s 38th Annual General Meeting. On aggregate, 82% of the share capital was represented at the Annual General Meeting, held as an in-person event in Fulda. Among other resolutions, the shareholders approved carrying forward the retained earnings for the 2023 financial year to new account, thereby supporting the proposal of the Management Board and Supervisory Board to strengthen the Company’s capital and financing base. The Annual General Meeting also voted to exonerate the Management Board and Supervisory Board, to approve the appointment of the auditor of the financial statements and the consolidated financial statements as well as a sustainability auditor as required – each for the 2024 financial year – and to adopt the 2023 remuneration report, among other matters. “2023 was dominated by geopolitical tensions, rising energy costs and adverse economic factors, which weighed on our financial performance indicators accordingly. We cannot be satisfied with the reported figures for the full year 2023. We have already made structural adjustments to make the KAP Group and its segments even more efficient and leaner and to increase profitability further. Moreover, our diversified positioning and focus on profitable niche markets means that we can always respond flexibly and evolve. In spite of all challenges, we are well prepared to reach our goals and look to the future with optimism,” Marten Julius, Spokesman of the KAP AG’s Management Board, explained in his address at this year’s Annual General Meeting. KAP AG has published the detailed voting results on the agenda items at https://www.kap.de/en/investor-relations/general-meeting. Contact:
About KAP AG
12.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | KAP AG |
Edelzeller Straße 44 | |
36043 Fulda | |
Germany | |
Phone: | 06611030 |
Fax: | 0661103830 |
E-mail: | office@kap.de |
Internet: | www.kap.de |
ISIN: | DE0006208408 |
WKN: | 620840 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1945555 |
End of News | EQS News Service |
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1945555 12.07.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
The most important financial data at a glance | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 389,83 | 372,80 | 322,66 | 345,62 | 433,47 | 316,70 | 325,00 | |
EBITDA1,2 | 37,90 | 36,17 | 34,14 | 56,58 | 43,51 | 59,56 | 23,00 | |
EBITDA-Margin3 | 9,72 | 9,70 | 10,58 | 16,37 | 10,04 | 18,81 | 7,08 | |
EBIT1,4 | 13,84 | -10,58 | 4,18 | 31,43 | 6,63 | 3,07 | -6,00 | |
EBIT-Margin5 | 3,55 | -2,84 | 1,30 | 9,09 | 1,53 | 0,97 | -1,85 | |
Net Profit (Loss)1 | 14,75 | -14,12 | -2,68 | 39,86 | -1,69 | -0,11 | -7,95 | |
Net-Margin6 | 3,78 | -3,79 | -0,83 | 11,53 | -0,39 | -0,04 | -2,45 | |
Cashflow1,7 | 20,68 | 35,51 | 55,21 | 8,31 | 16,89 | 18,52 | 0,00 | |
Earnings per share8 | 2,05 | -1,82 | -0,35 | 5,14 | -0,22 | -0,02 | -1,03 | |
Dividend per share8 | 2,00 | 0,00 | 1,75 | 1,00 | 1,50 | 0,00 | 0,00 |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Forvis Mazars
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
INVESTOR-INFORMATION | ||||||
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KAP | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
620840 | DE0006208408 | AG | 73,79 Mio € | 15.05.1987 | Kaufen | 9F2FGMVJ+HC |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
13,57 | 9,83 | 1,38 | 7,79 | 0,47 | 3,99 | 0,22 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
1,50 | 0,00 | 0,00 | 0,00% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
12.07.2024 | 28.05.2024 | 29.08.2024 | 21.11.2024 | 26.04.2024 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
-3,23% | -8,25% | -32,62% | -32,62% | +0,00% |
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