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Burgenland Holding AG

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DGAP-Ad-hoc News vom 19.12.2016

Burgenland Holding AG: Burgenland Holding Aktiengesellschaft benefits from one-time increase of dividend of Energie Burgenland AG for the financial year 2015/16 of approx. 10% over the prior year.
Burgenland Holding AG / Key word(s): Forecast/Dividend
19-Dec-2016 / 13:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Energie Burgenland AG has just announced that its corporate bodies have today decided to recommend to the shareholders' meeting of the company scheduled for 21 March 2017 to pay a dividend out of net profits for the financial year 2015/16 of EUR 21 million in aggregate, which represents a one-time increase over the prior year of 10%.
The results of Burgenland Holding Aktiengesellschaft are largely dependent on the results of Energie Burgenland AG in which it holds a 49% interest. Burgenland Holding Aktiengesellschaft therefore expects to recognize a proportionate dividend payment of EUR 10.29 million (2015/16 EUR 9.31 million) for the 2016/17 financial year. For subsequent years, Burgenland Holding Aktiengesellschaft expects Energie Burgenland AG intends to recommend dividend payments (if any) at historic levels to its corporate bodies for approval.

Contact:
EVN AG
Head of Corporate Communications
EVN Group

Stefan Zach
EVN Platz
2344 Maria Enzersdorf
Tel.: +43 2236 200-122 94
Fax: +43 2236 200-822 94
Mobil: +43 676 810 32 294
stefan.zach@evn.at



19-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de



     Language:    English
     Company:     Burgenland Holding AG
                  Marktstraße 3
                  7000 Eisenstadt
                  Austria
     Phone:       +43 2236 200 24186
     Fax:         +43 2236 200 84703
     E-mail:      info@buho.at
     Internet:    www.buho.at
     ISIN:        AT0000640552
     WKN:         879095
Listed: Regulated Unofficial Market in Berlin, Stuttgart; Wien (Amtlicher Handel / Official Market)


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