Dividend policy

In fixing the dividend on ordinary shares, the aim is a long-term average dividend of approximately 40% of the net group result attributable to equity holders, allowing for the strategy and a healthy balance sheet. The statutory dividend on the ordinary participating preference shares is € 0.21, if and insofar as the distributable profit is sufficient to pay the statutory dividend.

Dividend payment/adoption

In view of the negative net group result and the financial position of the company, no dividend was distributed with respect to 2009.