Indutrade’s Board of Directors withdraws the proposal of dividend and announces a new date for the 2020 Annual General Meeting
Due to the uncertain market condition the Board of Directors has resolved to withdraw the previously announced proposal of dividend of SEK 4.75 per share and instead propose to the 2020 Annual General Meeting (AGM) that no dividend will be paid for the financial year 2019. Since the Board of Directors presented its original dividend proposal, the market conditions have changed considerably for a number of companies within the Group, with cost reduction measures and temporary lay-offs as results. The Board of Directors has also resolved that Indutrade’s AGM 2020 will be held 2 June