secunet Security Networks AG: Annual General Meeting 2020

[Essen / Germany, 8 July 2020] secunet Security Networks AG (ISIN DE0007276503, WKN 727650), leading German provider of high-quality, trustworthy IT security and IT security partner of the Federal Republic of Germany, successfully held its Annual General Meeting today.

Attendance at the Annual General Meeting, which was conducted as a virtual meeting on the basis of the German Act to Mitigate the Consequences of the COVID-19 Pandemic (COVID-19 AuswBekG), was 81% of the share capital. Approval of the items on the agenda was more than 99% in each case. The resolution on the appropriation of profits, which provides for the distribution of a regular dividend of 1.56 euros per no-par value share entitled to a dividend (previous year: regular dividend of 1.13 euros and special dividend of 0.91 euros), was approved with 99.99% of the votes.
"The financial year 2019 was an excellent year: for the sixth year in a row, we achieved record results in both sales revenues and EBIT. With the increasing regular dividend, our shareholders are also participating in this development", says Axel Deininger, CEO of secunet Security Networks AG.

In his speech, Axel Deininger also confirmed the forecast published on 17 June 2020 for the current financial year 2020, which provides for sales revenues of 270 million euros and earnings before interest and taxes (EBIT) of 48 million euros: "The increase in home-based work in the wake of the coronavirus crisis has clearly demonstrated the importance and necessity of secure mobile workplaces. secunet, as a provider of high-quality and trustworthy cyber security, is a well-positioned and sought-after solution partner for this. In particular, the pent-up demand for mobile workplaces among public-sector customers continues to create high demand.

The voting results of the Annual General Meeting are available on the company's website under The Company / Investor Relations / Annual General Meeting. Next date in the financial calendar: Publication of the Half-year Financial Report as at 30 June 2020, on 12 August 2020.

Contact
Dr Kay Rathke
Head of Investor Relations

Patrick Franitza
Press Spokesman

secunet Security Networks AG
Kurfürstenstrasse 58
45138 Essen, Germany
Phone: 34
Fax: 35
e-mail: 


About secunet
secunet is one of the leading German providers of high-quality IT security. Over 600 experts work in the areas of cryptography, e-government, business security and automotive security, developing innovative products and highly secure, trustworthy solutions. secunet has more than 500 national and international customers, including many DAX-listed companies, public authorities and organisations. The company is an IT security partner to the Federal Republic of Germany and a partner of the German Alliance for Cyber Security.
secunet was founded in 1997 and achieved revenues of 226.9 million euros in 2019. secunet Security Networks AG is listed on the Prime Standard of the German Stock Exchange.
Further information can be found at .

Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.