May 25, 2011. /Lesprom Network/. At annual general meeting of Homag Group AG, the shareholders present agreed to the proposal by the management and supervisory boards to distribute a dividend for fiscal 2010 of Euro 0.30. This marked the return to dividend payments after last year’s interruption on account of the difficult business conditions in 2009. The annual general meeting agreed to the proposed dividend and the other items of the agenda with a clear majority of over 98% in each case. Overall, around 260 shareholders attended the annual general meeting in Freudenstadt, representing 73% of capital stock, as the company said in a press release received by Lesprom Network. In his speech, CEO Rolf Knoll looked back at the successful fiscal year 2010 in which the Homag Group made a fast and sustainable recovery from the economic crisis. He also reported on the good 1Q 2011 and confirmed the forecasts to date for the current year, which project further growth for the Homag Group and a significantly higher net profit compared to 2010. Rolf Knoll also reconfirmed the sales revenue target to match the pre-crisis levels of 2007 and 2008 from 2013 onwards. HOMAG Group AG is a global manufacturer of plant and machinery for the woodworking industry.