Successful Year for BLG

5th August 2019

Logistics BusinessSuccessful Year for BLG

“We managed not only to achieve our targets for 2018, but also to exceed them.“ This was the conclusion drawn today about business year 2018 by BLG CEO Frank Dreeke at the 139th General Shareholders Meeting of BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877. The meeting took place in the Congress Center Bremen. On behalf of the Board of Management, he thanked the 250 shareholders represented – who accounted for some 86 percent of the share capital – for coming. Then he presented his report on the listed company BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877.

Based on the consistently positive development of the operating result, the Board of Management and Supervisory Board proposed an increase in the dividend. Frank Dreeke said: “Our express goal is to ensure our shareholders receive an appropriate participation in the company’s success. Due to our sustained profit growth, we can keep the promise we made last year and raise the dividend per share to 45 cents.”

Despite good business development, the BLG share price was affected by the general market trend. On the final trading day, the share price closed at EUR 11.87.