Masterflex SE Approves EUR 0.27 Dividend Amid Steady Growth

Masterflex SE's Annual General Meeting endorsed a dividend of EUR 0.27 per share for the 2024 financial year, marking a slight increase from EUR 0.25 previously. This decision results in a distribution of EUR 2,596,950.18 from net profits, with the remainder being carried over. Despite challenging market conditions, CEO Dr. Andreas Bastin commended the company's record operating EBIT of EUR 12.7 million.

The meeting also celebrated the re-election of Georg van Hall and Dr. Gerson Link to the Supervisory Board, emphasizing continuity. A new addition, Rein Groot, joins following Jan van der Zouw's departure after nine years of service. Dr. Bastin highlighted strategic growth plans, including a new production plant in Morocco and innovative product launches aimed at enhancing capacity and market presence.

Masterflex SE plans further expansion through M&A activities, reinforcing its commitment to growth across regions and technologies. The voting presence was recorded at 64.01%.