SURTECO SE plans dividend increase from € 0.40 to € 0.90 per share

Buttenwiesen-Pfaffenhofen, 6 April 2011 – The Board of Management and the Supervisory Board of SURTECO SE – the leading specialist worldwide for surface technologies – will propose to the Annual General Meeting to be held on 17 June 2011 that a dividend amounting to € 0.90 per share (2009: € 0.40) be paid for the business year 2010. The company is thereby continuing its distribution policy favourable to shareholders. The dividend increase enables the shareholders of the company to participate in the high level of dynamic earnings generated by the Group. On 16 March, the company announced the preliminary business figures for the year 2010, according to which sales increased by 14 % to € 388.8 million and EBITDA rose by 15 % to € 62.5 million. 11,075,522 no-par-value shares and consolidated net profit of € 21.7 million (2009: € 9.2 million) yield a payout ratio of around 46 %. Assuming that the global economy continues to gather pace as forecast, SURTECO will again be able to continue the profitable growth trajectory in 2011 and achieve a corresponding increase in sales and earnings.
The audited indicators for the business year 2011 will be published at the balance-sheet and analysts’ press conference on 29 April 2011.