| Sartorius | Press Release |
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| Print Press Release |
Dividend Proposal by the Board
- Proposed dividend to double
Aubagne | Goettingen, March 4, 2010 – At today’s meeting, the Board of Directors of Sartorius Stedim Biotech S.A. resolved to submit a proposal to the Annual General Shareholders' Meeting (AGM) on April 19, 2010, to pay a dividend of €0.60 per share for fiscal 2009. Compared with a year earlier, dividends would double from €0.30, while the dividend payout ratio of 29.4%. would remain at same level.
This press release contains statements about the future development of the Sartorius Stedim Biotech Group. We cannot guarantee that the content of these statements will actually apply because these statements are based upon assumptions and estimates that harbor certain risks and uncertainties.
A profile of Sartorius Stedim Biotech
Sartorius Stedim Biotech is a leading provider of cutting-edge equipment and services for the development, quality assurance and production processes of the biopharmaceutical industry. Its integrated solutions covering fermentation, filtration, purification, fluid management and lab technologies are supporting the biopharmaceutical industry around the world to develop and produce drugs safely, timely and economically. Sartorius Stedim Biotech focuses on single-use technologies and value-added services to meet the rapidly changing technology requirements of the industry it serves. Strongly rooted in the scientific community and closely allied with customers and technology partners, the company is dedicated to its philosophy of “turning science into solutions”.
Headquartered in Aubagne, France, Sartorius Stedim Biotech is listed on the Eurolist of Euronext Paris. With its own manufacturing and R&D sites in Europe, North America and Asia and a global network of sales companies, Sartorius Stedim Biotech enjoys a worldwide presence. Its key manufacturing and R&D site is in Germany. The company employs approximately 2,400 people, and earned in 2009 sales revenue of 401,2 million euros.
Contact:
Petra Kirchhoff, Vice President of Group Corporate Communications
Sartorius Corporate Administration GmbH; 37070 Goettingen, Germany
Phone: +49(0)551/ 308-1686; fax: +49 (0)551/ 308-3572
E-mail: petra.kirchhoff@sartorius.com; www.sartorius.com
