InTiCa Systems SE / DE0005874846
25.07.2024 - 16:32:00InTiCa Systems SE: Annual General Meeting 2024 – All items on the agenda approved by a large majority
| InTiCa Systems SE / Key word(s): AGM/EGM 25.07.2024 / 16:32 CET/CEST The issuer is solely responsible for the content of this announcement. Passau, July 25, 2024 – At this year's Annual General Meeting of InTiCa Systems SE (ISIN DE0005874846, Ticker IS7), which was held virtually again, the shareholders approved all items on the agenda by a large majority. As announced in advance, no vote was held on Item 5 on the agenda: Election of the auditor. The Supervisory Board is currently in contact with several auditors with international experience and will submit a timely application to the responsible District Court in Passau for the court appointment of a statutory auditor for the financial statements for the 2024 financial year. For the 2025 financial year, the auditor for the financial statements of the company and the consolidated financial statements will be elected by the Annual General Meeting. In its report on the past financial year and in the general discussion, the Board of Directors provided detailed explanations of the Group’s figures and the strategic alignment of InTiCa Systems SE. Alongside the continuous optimization of production processes and intensive negotiations on purchasing and selling prices, the Board of Directors emphasized the strategic expansion of the product portfolio and the repositioning for broader target groups. A new product catalogue to support sales activities is currently being finalized. Custom-tailored power components and services for speciality applications will be a nucleus of future growth; promising initial orders for medical and sound engineering applications have already been processed. At the end of the first half of 2024, orders on hand amounted to EUR 82.3 million, which was considerably lower than in the prior-year period (June 30, 2023: EUR 111.9 million). This was partly because customers enter their orders in the systems at far shorter notice than in the past. In the new product areas, in particular, in which InTiCa has invested in recent years (e.g. mild hybrids, inductive coils for damping systems, keyless-go systems), demand and order offtake are at good level. InTiCa Systems SE will publish its half-year report with details of its performance in the first half of 2024 on August 8, 2024, as scheduled. InTiCa Systems SE The Board of Directors CONTACT Dr. Gregor Wasle | CEO TEL +49 (0) 851 – 966 92 – 0 FAX +49 (0) 851 – 966 92 – 15 EMAIL investor.relations@intica-systems.com About InTiCa Systems InTiCa Systems SE is an international provider of electronic components and systems. Its innovative solutions for the automotive industry, renewable energy, industrial applications and other sectors make a contribution to a more sustainable, networked future. You can find further information at www.intica-systems.com. Forward-looking statements and predictions This press release contains statements and forecasts referring to the future development of InTiCa Systems SE which are based on current assumptions and estimates by the management that are made using information currently available to them. If the underlying assumptions do not materialize, the actual figures may differ substantially from such estimates. Future developments and results are in fact dependent on a large number of factors; they contain different risks and imponderables and are based on assumptions that may not be accurate. We neither intend nor assume any obligation to update forward-looking statements on an ongoing basis as these are based exclusively on the circumstances prevailing on the date of publication. 25.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | InTiCa Systems SE |
| Spitalhofstraße 94 | |
| 94032 Passau | |
| Germany | |
| Phone: | 0851 / 96692 0 |
| Fax: | 0851 / 96692 15 |
| E-mail: | investor.relations@intica-systems.com |
| Internet: | www.intica-systems.com |
| ISIN: | DE0005874846 |
| WKN: | 587484 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1954379 |
| End of News | EQS News Service |
| |
