Amended dividend proposal
The Board of Directors of GARO AB (publ) has decided to withdraw the previously announced dividend proposal to the Annual General Meeting 2020 of SEK 4.20 per share. The decision has been made despite the fact that GARO's financial position is strong, with a high solvency ratio, low net debt and good liquidity. The decision does not signal a change in the company's long-term dividend policy. The reason for this decision is the significant uncertainty that prevails in the external environment as a result of the effects of the spread of Covid-19 infection. As a precautionary measure and to