DGAP-News: EDAG Engineering Group AG: Dr. Philippe A. Weber elected interim Chairman of the Board, Extraordinary General Meeting on August 21th

EDAG Engineering Group AG: Dr. Philippe A. Weber elected interim Chairman of the Board, Extraordinary General Meeting on August 21th

Arbon, July 26, 2018

At its meeting yesterday, the Board of Directors of EDAG Engineering Group AG (EDAG) elected its member, Dr. Philippe A. Weber, as Chairman of the Board of Directors. Dr. Weber will hold the position on an interim basis until the Extraordinary General Meeting of EDAG.

At the same meeting, it was decided that an Extraordinary General Meeting of the Company will be held on August 21^st. Mr. Georg Denoke, CEO of ATON GmbH and former CFO of Linde AG, is to be proposed to the General Meeting as a member and Chairman of the Board of Directors and as a member of the Nomination and Compensation Committee.

The invitation in the Swiss Official Gazette of Commerce and the German Federal Gazette will be issued shortly.

 

About EDAG

EDAG is an independent engineering services provider to the global automotive industry. The company serves leading domestic and international vehicle OEMs and sophisticated automotive suppliers through a global network of about 60 sites in major automotive centres of the world.

EDAG offers complementary engineering services across its Vehicle Engineering, Electrics/Electronics and Production Solutions businesses. Based on these extensive capabilities, EDAG can support clients across the entire value chain from the original design idea to product development and prototype construction all the way to the delivery of turnkey production systems. As a technology and innovation leader, EDAG also operates established centres of excellence that design landmark technologies for future applications in the automotive industry: lightweight construction, electric mobility, car IT, integral safety and new production technologies.

In financial year 2017, the company generated revenues of EUR 717 million and an adjusted EBIT of EUR 32.6 million. As at 31 December 2017, 8,404 employees (including apprentices) worked for EDAG in 19 countries.

Contacts:

Public Relations
Christoph Horvath
Press Spokesman of the EDAG Group
Phone: +49 (0) 661- 6000 570
Mobile: +49 (0) 171- 8765 310
Mail: pr@edag.de
www.edag.de

Investor Relations
Sebastian Lehmann
Head of Investor Relations
Phone: +49 (0) 611- 7375 168
Mobile: +49 (0) 175- 8020 226
Mail: ir@edag-group.ag
ir.edag.de

 

Forward-looking statements

This release contains forward-looking statements. These statements are based on current estimates and projections of EDAG Executive Board and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not be accurate. Many factors could cause the actual results, performance or achievements of EDAG to be materially different from those that may be expressed or implied by such statements. EDAG does not assume any obligation to update the forward-looking statements contained in this release.