VBG Groups Board of Directors has decided to withdraw its dividend proposal to the Annual General Meeting 2020
Due to the uncertainty the Covid 19 outbreak creates all over the world, the Board has decided to withdraw its dividend proposal, of 5,00 SEK per share, to the Annual General Meeting 2020.During 2019, VBG Group strengthen its financial position. Equity and the equity/assets ratio increased, net indebtedness decreased and liquidity in the Group was strengthened. As a result of, VBG Group’s stable financial position at year end, the Board proposed and increased ordinary dividend of SEK 5.00 per share and no extra dividend of to be approved by the Annual General Meeting, with a record date of