The Annual General Meeting of JOST Werke SE for the 2024 fiscal year took place on 8 May in Neu-Isenburg, Germany, where all nine agenda items were approved by shareholders.
The approved resolutions included the key appropriation of the net retained profit for the 2024 financial year.
Shareholders expressed their continued confidence in the JOST leadership, approving the actions of the Executive and Supervisory Boards for 2024, reaffirming their confidence in the strategic direction.
In September 2024 the Jost Executive Board presented its 2030 targets and corporate strategies, in which it will seek to boost sales to € 2 billion, up from the 2024 figure of €1.1 billion.
In its future plans, the board is also seeking an adjusted EBIT margin of 10-12 per cent for 2030, compared to last year’s figure of 10.6 per cent, as well as adjusted earnings of €10 per share, compared to €5.20 in 2024.
In recognition of another solid financial year, shareholders at the 2025 AGM confirmed a dividend of €1.50 per share, maintaining the strong payout level of the previous year.
The AGM also saw the confirmation of Helmut Ernst as the newest member of JOST’s Supervisory Board, bringing valuable industry expertise to support its growth ambitions.
Ernst replaces Rolf Lutz, who fulfilled many years of dedicated service as a member of that Board.