HANZA's Board of Directors proposes to the AGM that no dividend is paid

HANZA Holding AB (publ) has due to the current uncertainty decided to change its proposal to the AGM to the effect that no dividend is paid for 2019. Previous proposal was SEK 0.25 per share.

HANZA's Board of Directors decided at an extraordinary Board meeting today to propose to the Annual General Meeting on April 27, 2020 that no dividend is paid for the 2019 financial year.

The revised proposal is submitted for precautionary reasons in order to maintain a strong financial position.

For further information please contact:

Erik Stenfors, CEO, Tel: +46-709 50 80 70, e-mail: erik.stenfors@hanza.com
Lars Åkerblom, CFO, Tel: +46-707 94 98 78, e-mail: lars.akerblom@hanza.com

The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.20 am (CET), March 24, 2020.

Important information This press release may contain certain forward-looking statements that reflect HANZA’s current views of future events and financial and operational performance. Words such as "intends", "anticipates", "expects", "may", "plan ", "anticipate" or similar expressions regarding indications or predictions of future developments or trends, and are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees regarding future results or developments and actual results may differ materially from those set forth in forward-looking information.

About HANZA:
By gathering different manufacturing technologies locally, we create shorter lead times, more environmentally friendly processes and increased profitability for our customers. This way we contribute to a more sustainable future. To put it simply: We modernize and streamline the manufacturing industry. Our company was founded in 2008 and today has operations in Sweden, Germany, Finland, Estonia, Poland, Czech Republic and China. Among our customers are leading companies such  as ABB, Epiroc, Getinge, Oerlikon, Saab and Siemens.

For more information visit www.hanza.com 

The shares in HANZA are listed on Nasdaq Stockholm.