ElringKlinger's AGM Endorses Dividend and New Board Member

During its 120th Annual General Meeting, ElringKlinger AG secured shareholder approval for all proposed agenda items. A key decision was maintaining a steady dividend of EUR 0.15 per share, backed by a 99.7% majority. Furthermore, five Supervisory Board members were re-elected, with Dr. Sabine Lutz joining the board, replacing Andreas Wilhelm Kraut.

The meeting underscored strategic movements within the SHAPE30 framework, a pivotal initiative targeting profitability and sustainable cash flow. This involves divesting from certain plants and focusing on high-profit components, particularly in e-mobility.

As ElringKlinger navigates industry transformations, CEO Thomas Jessulat noted ongoing commitments to innovative technologies, predicting over 50% revenue from non-combustion products by 2030.