The Archive · 1938

MEETING OF AEG, BOARD OF DIRECTORS

Berlin, Feb, 1.

the meeting to-day of the board of directors of the Allgemeine Elekirizitacts Gesellschaft, pop\larly known as AEG, one of the two leading electrotechnical concerns of Germany, the balance sheet. for the year ending on September 30, 1937, was approved and passed. The turnover "for the year was returned Jat 397,000,000 Reichsmarks og against 1816,000,000 for the preceding year.

the préiit and toss accounts " th et profits were shown og being approximately 7,500,000 Reichsmarks of which 370,000 "Reichsmarks were required fo meet the interest and debt service while about 2,830,000 Relehsmarks were credited to the reserves.

The board proposes that a dividend of 4 per cent. be paid on ordinary shares, this being the first dividend declared since the depression, A general meeting of the shareholders will be held on Febi\uary 24, 1038, The business prospects of the firm were described as very satis

Text read from the printed page and cleaned; old type leaves the occasional error.

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