Dividend policy
The Managing Board and the Supervisory Board intend to propose to the Annual General Meeting on May 15, 2025, a dividend of EUR 1.40 per share for fiscal year 2024. The proposal is equivalent to a payout ratio of 45% of the Group’s net income attributable to shareholders in fiscal year 2024, in line with the Company’s mid-term target payout ratio of between 30% and 50%, as laid out in “CLAIM 5.”