Alimak Group AB Proposes Dividend for the Year 2020, Payable on 14 May 2021
March 26, 2021 at 07:00 am
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The Board of Alimak Group AB (publ) proposed that the distributable profit of SEK 2,831 million be allocated as follows. A total dividend of SEK 162 million will be paid to the shareholders, equal to SEK 2 per share calculated per the total amount of shares and an additional dividend equal to SEK 1, with a total of SEK 3 per share. The remaining sum of SEK 2,670 million will be carried forward. The proposed record day for dividends is 10 May 2021. If the resolution is passed at the meeting, it is expected that dividends will be distributed by Euroclear Sweden AB on 14 May 2021.
Alimak Group publ AB is a Sweden-based company active in industrial equipment sector. It offers vertical access solutions to customers in the construction industry, as well as other sectors. The Company develops and manufactures construction hoists, industrial elevators, mast climbing work platforms, transport platforms and material hoists. It operates in four business segments: Construction Equipment, which designs, develops, manufactures and distributes lifts for temporary installation; Industrial Equipment, providing lifts for permanent installations; Rental, offering renting and service of the Companyâs equipment; and After Sales, comprising service, spare parts, upgrades and trainings. Its product lines are Alimak, Champion, Heis-Tes and Hek. The Company is active in Norway, France, Germany, the United Kingdom, Korea, Singapore, Malaysia, Italy, Spain, China, the United States, Brazil and India, among others.