Our shareholders
Shareholders | Voting rights in % | ||||||
Ennoconn Corporation | 26.61% | ||||||
Amiral Gestion | 5.24% | ||||||
Naneva B.V. (PPF Holdings B.V.) | 5.09% | ||||||
Freefloat - including: | 63.06% | ||||||
Ameriprise Financial, Inc. | 4.14% | ||||||
BNP Paribas Asset Management | 4.06% | ||||||
Ninenty One SA (Pty) Ltd | 3.99% | ||||||
Allianz Global Investors GmbH | 3.95% | ||||||
Treasury shares S&T | 3.73% | ||||||
S&T Management | 2.67% |
The Executive Board and the Investor Relations department at S&T AG attach great importance to exchanging information at frequent intervals with interested investors and analysts.
The talks held during roadshows, conferences and video or phone conferences offer the opportunity to present S&T Group, answer questions and receive direct feedback from our stakeholders, which is then incorporated into initiatives such as the "PEC Programme" launched in 2019 and the "TTS Programme" launched in spring 2021.
TTS Program | Trust - Transparency - Share
Since 2010, S&T AG has always met or exceeded its guidance. Revenue increased in the last 5 years - since 2016 - from EUR 503.7 million to EUR 1,254.8 million in 2020, EBITDA increased by 376% from EUR 34.4 million to EUR 130.0 million in the same period, earnings per share increased by 260% to ~86 cents in 2020 (2016: 33 cents).
Nevertheless, the development of the share price lagged behind the operating performance of S&T Group. The falling P/E ratio indicates a lack of confidence on the part of the shareholder base in the future development of the S&T Group and also does not reflect the successes achieved or the targets laid down in Agenda 2025. In order to strengthen confidence, the Management Board of the S&T Group launched the TTS programme in 2021.
The S&T business model is multi-layered and complex. Our products and technologies are part of everyday life, but they are not visible or easy to understand for most people. On top of that, we sell the products only to professional customers (B2B) and therefore do not advertise them much. Everyone uses S&T technology, but hardly anyone knows S&T. Our goal is to make it easier to understand our business model and to communicate it better:
We will grow S&T brand awareness. S&T will have a much stronger presence on the Internet and in social networks. A dedicated digital marketing department has been created for this purpose to redesign and synchronise the Group's presence.
With these steps, we want to create confidence and convince the investor base to accompany us on the way to achieving our goals over the short term (Guidance 2021), midterm (Agenda 2025) and long term (Vision 2030).
Following numerous takeovers and a subsequent increase in the number of shareholdings and complex solutions, many investors complain about a lack of comparability or transparency. We want to create full transparency. We will therefore simplify the company structure and further expand the reporting of additional key figures.
Additional information on one-off effects on a quarterly basis:
We want our shareholders to have a share in our strong operating cash flow.
In the future, we will distribute 50% of net income as a dividend or use it for share buybacks.
For S&T, it is important to have an overall ESG concept embedded in the corporate strategy. Ongoing dialogue with investors, customers, proxy advisers, rating agencies and other stakeholders helps to recognise ESG opportunities and identify ESG risks in good time.
On basis of an external ESG analysis initiated step-by-step plan envisages step-by-step improvements in various areas over the coming years. Currently S&T is rated with BBB by MSCI ESG.