Medion AG: Ad hoc announcement pursuant to Section 15 German Securities Trading Act (WpHG)
Dividend Recommendation/Outlook for 2010
The Supervisory Board and Management Board of MEDION AG decided in their meeting of March 10, 2010 to propose to the Annual Shareholders' Meeting on May 26, 2010 that the dividend be increased to €0.20 for each dividend-entitled share (previous year: € 0.15).
Because of the highly unpredictable macroeconomic conditions, forecasts for the current fiscal year 2010 continue to be associated with a high degree of uncertainty. Nonetheless, the successful start in 2010 can be seen as a reason for cautious optimism. Accordingly, a sales increase of around 5-10% is likely for the first half of 2010 and sales growth of around 5-7% is assumed for 2010 as a whole. The Management Board expects to see an increase in the result (EBIT) in the range of 15-20%, and thus a stronger increase than in sales.