Hochdorf Holding AG announced that at the AGM the shareholders also elected Dr. Daniel Suter to succeed Josef Leu as the new chairman of the board of directors. Ulrike Sailer was elected as a new member of the Board of Directors. She will use her international experience in marketing, sales and brand positioning to support the HOCHDORF Group in the future. The shareholders appointed Dr. Anton von Weissenfluh, Niklaus Sauter and Dr. Walter Locher onto the personnel and remuneration committee.

The shareholders approved the request for a slight increase in the dividend to CHF 3.80 per share in view of the company's substantial investments. As in the previous year, the dividend is paid from capital reserves and is tax free for natural persons resident in Switzerland. The dividend is to be paid out on 11 May 2017.

Company confirmed the forecasts for the 2017 fiscal year. Group forecast gross sales revenue for the 2017 fiscal year in the region of CHF 635 to CHF 670 million and a percentage EBIT compared to the production revenue of between 6.1 and 6.6%.