About 61 percent of the share capital were represented at today’s Annual Shareholders’ Meeting of INDUS Holding AG at Koelnmesse’s Congress Centre North. INDUS had intentionally chosen the physical format for its Annual Shareholders’ Meeting to promote the personal exchange.
The continuing operations in the portfolio of INDUS Holding AG showed a good operating performance in 2022; the portfolio companies in these segments increased their sales by 10.4% to EUR 1.80 billion (previous year: EUR 1.63 billion). Operating income (EBIT) before impairment losses stood at EUR 176.5 million (previous year: EUR 168.1 million), with the corresponding EBIT margin at 9.8% (previous year: 10.3%).
Bergisch Gladbach, 23rd February 2023 – Based on the PARKOUR perform strategy update published in December 2022 and the related discontinuation of the previous Automotive Technology segment, INDUS Holding AG reclassified the three portfolio companies SCHÄFER, SELZER and SMA from the Automotive Technology segment to discontinued operations. In the course of the reclassification, a revaluation of the assets allocated to the reclassified participations also had to be carried out, which was still reflected in the 2022 consolidated financial statements.
Bergisch Gladbach, 24 October 2022 – As INDUS Holding AG (“INDUS”) had already reported on September 23, 2022, its portfolio company S.M.A. Metalltechnik GmbH & Co. KG (“SMA”) – a series supplier to the automotive industry – has been conducting intensive negotiations with its major customers on an adjustment of the existing supply contracts. SMA did not succeed in achieving the necessary adjustments to the existing supply contracts.
Bergisch Gladbach, 23 September 2022 – The Board of Management of INDUS Holding AG (“INDUS”) has decided, with the approval of the Supervisory Board, to significantly reduce and place a time limit on INDUS’s further financial commitment to its portfolio company S.M.A. Metalltechnik GmbH & Co. KG (“SMA”). Under the current framework conditions, the financing of SMA will be limited to the financing of current business operations and will only be maintained until the end of October 2022.
