Proposal by the Board of Directors
for the appropriation of retained earnings 2019
|
CHF 1’000 |
|
2019 |
|
2018 |
|
|
|
|
|
|
|
Net profit for the year |
|
151’605 |
|
164’368 |
|
Earnings carried forward |
|
1’089’626 |
|
1’027’428 |
|
Result from treasury shares |
|
–2’408 |
|
334 |
|
Retained earnings |
|
1’238’823 |
|
1’192’130 |
|
|
|
|
|
|
|
Dividend payment CHF 25 per registered share 1 |
|
–102’522 |
|
–102’504 |
|
To be carried forward |
|
1’136’301 |
|
1’089’626 |
1 No distribution will be made for treasury shares held by Georg Fischer Ltd. The amount distributed will be reduced accordingly at the time of distribution.
The Board of Directors will propose to the Annual Shareholders’ Meeting of 15 April 2020 to pay out a dividend of CHF 25 per registered share out of retained earnings.
In the previous year, a dividend of CHF 25 per registered share out of retained earnings was paid out according to the decision of the Annual Shareholders’ Meeting of 17 April 2019.
Schaffhausen, 20 February 2020
For the Board of Directors
The Chairman
Andreas Koopmann