Corporate news


KPS WITH COMPARATIVELY ROBUST RESULTS IN FINANCIAL YEAR 2019/2020

Business model and strategy have proved their resilience during the COVID-19 crisis. Group revenue at EUR 166.4m – 7.9% down on the previous FY. EBITDA of EUR 22.7m achieved (Partially comparable to previous FY owing to IFRS 16). Cash generation remains at a comparatively high level. Cost base reduced by EUR 10m.

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KPS WITH COMPARATIVELY ROBUST RESULTS IN FINANCIAL YEAR 2019/2020

Business model and strategy have proved their resilience during the COVID-19 crisis. Group revenue at EUR 166.4m – 7.9% down on the previous FY. EBITDA of EUR 22.7m achieved (Partially comparable to previous FY owing to IFRS 16). Cash generation remains at a comparatively high level. Cost base reduced by EUR 10m.

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Ad hoc news


| KPS AG: Adjustment of the dividend for the financial year 2018/2019 to EUR 0,17

The Management Board and the Supervisory Board of KPS AG today resolved to propose to the Annual General Meeting on 25 September 2020 to distribute a dividend of EUR 0,17 per share for the financial year 2018/2019. Thus, the Company’s management is adjusting the proposal for the distribution of profit of EUR 0.35 per share previously announced for the 2018/2019 financial year. Because the effects of the COVID-19 pandemic cannot yet be estimated with sufficient accuracy, avoiding the liquidity outflow in the amount of the originally intended dividend payment is an essential component in order to be able to react flexibly to current developments.

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Michael Diegelmann

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Michael Diegelmann
Henryk_Deter

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