782 shareholders attended the 92nd annual general meeting, representing 38.22% of the share capital. All items on the agenda were endorsed in accordance with the proposals of the board. The shareholders approved annual report, annual accounts, consolidated financial statements for 2005, and appropriation of net profit. The dividend payment will be 14 CHF per share (previous year 9 CHF).
Board member Daniel Sauter was confirmed for another three years’ term. Mario Fontana, member of the board since 2002, has chosen not to stand for reelection due to his increasing involvement in other activities. The board of directors thanked him for his commitment up to now.
Dr. Leonardo Vannotti, chairman of the board, pointed out in his speech: «Our good results for 2005 are due to our concentration of forces, buoyant markets, and above all the outstanding performance of the Sulzer employees». Ulf Berg, CEO of Sulzer, indicated a good outlook also for the ongoing year.
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