Dividend increase to 0.35 Euro/share resolved

Elmos Semiconductor AG held its 18th Annual General Meeting today. A majority of over 99% of shareholders approved a proposed dividend increase to 0.35 Euro per share (before: 0.33 Euro). The other proposals on the agenda were also approved by a large margin.

In his speech to the shareholders, CEO Dr. Anton Mindl presented a preview of “The Next Smart Device: TheCar”. He discussed progress in capturing vehicles’ surroundings with ultrasonic technology, the advancement of gesture control and new trends in interior and exterior LED automotive lighting.

“The innovations in our chips help make cars more attractive, more intuitive, safer and more energy efficient,” Mindl said. In addition to confirming the forecast for the current year, Mindl also presented the results of financial year 2016 and the first quarter of 2017.

The dividend will be paid on May 16, 2017.

To the recording of the AGM click here

About Elmos Semiconductor AG

Elmos develops, produces and markets semiconductors and sensors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient.

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