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  "authorName": "Muddy Waters Capital",
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      "text": "As a chief parameter for our dividend payments, we have in the past introduced the result per share. Over the last three years, we increased the result per share from 0.77 euros to 1.93 euros.",
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      "text": "Based on the extraordinarily positive business results in 2015 and the good start to this business year, I would like to propose an increased dividend payment from 0.40 euros to 0.70 euros for those shares entitled to a dividend.",
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      "text": "Revenue in the first quarter rose by almost 40% to 226 million euros. Our organic growth rate was 11.5%. The operational EBITDA rose in the same period by 72% by over 45 million euros.",
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      "text": "Last week we also placed a bonded loan of 170 million euros with five- and seven-year terms. This will allow us to further reduce financial expenses, optimize our maturity structure and further increase our financial flexibility in future.",
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      "text": "To enable an optimized tax structure in future, Ströer SE & Co. KGaA has concluded a profit transfer agreement with each of its subsidiaries Ströer Venture, Ströer Sales Group, Digital Media Products and BlowUP Media.",
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      "text": "We had extraordinarily good performance in the first quarter of 2016, the best start to the business years since the company was formed in 1990. — Udo Müller (CEO)",
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