VBG Group

During 2019, VBG Group strengthen its financial position. Equity and the equity/assets ratio increased, net indebtedness decreased and liquidity in the Group was strengthened. As a result of, VBG Group's stable financial position at year end, the Board proposed and increased ordinary dividend of SEK 5.00 per share and no extra dividend of to be approved by the Annual General Meeting, with a record date of 30 April 2020. The impact of the corona virus outbreak and its economic impact is currently difficult to predict. Due to the economic uncertainty, the Board of Directors considers that it is justifiable for reasons of caution to withdraw the dividend proposal and propose that the Annual General Meeting 2020 decides that no dividend should be distributed for 2019.