15 shareholders currently hold shares in Moralt AG. Main shareholder and CEO, Klaus Feile, was able to present positive content for the 2022 financial year at the Annual General Meeting of Moralt AG on 16th June 2023.
Since 2019, employees of Moralt AG have been able to purchase shares at a preferential price. Due to the associated ownership, voting and property rights, Moralt AG involves its workforce more and more in the development of the company. Moralt is currently in the hands of a total of 15 shareholders, with the board member Klaus Feile still holding 80% of the shares. Up until the end of July, each beneficiary will be offered additional share packages as part of the ongoing employee participation program.
"Despite great challenges, Moralt successfully mastered the year 2022!" There was consensus on this conclusion at the Annual General Meeting of Moralt AG. In addition to the group of shareholders and the Executive Board, the Supervisory Board was also represented. After the opening of the Annual General Meeting, Klaus Feile was appointed chairman of the meeting. He gave an insight into the business development and the strategic orientation of the traditional company, which has had an impressive success story with many international case study projects since it focused on door-related business in 2013. The export quota of Moralt AG was 68% in 2022. One of the most prestigious projects in 2022 was the Mandarin-Oriental Hotel in Muscat, Oman, on the famous Shatti-Al-Qurum seafront.
Compared to the previous year, sales increased by 15.5% and a clearly positive result was reported. The increase in equity and thus also the increase in value of the Moralt share is 12.4%. Equity is a remarkable 66%. Tax advisor, Ms. Gabriele Witte, explained the approved annual financial statements, the most important business figures and the positive development of the past few years. Moralt AG enjoys a very good credit rating and looks to the future with optimism. When the Supervisory Board members were elected, the previous incumbents, Harry Henningsen, Meinolf Hering and Albert Lipp, were confirmed by the Annual General Meeting for a further term of office. An appropriate culinary conclusion with a guided tour took place in the premises of the neighbouring Markus Wasmeier open-air museum in a relaxed atmosphere.
With door blanks and licensed systems for functional interior and exterior doors, Moralt AG offers solutions for individual door elements with thermal insulation, burglary resistance, noise, fire and smoke protection and holds certificates and approvals for this in several European countries. In addition, Moralt also offers international know-how based on British and American standards. As of 2016, 41 workers are employed at the Hausham site and are working intensively to continue the success story of the traditional Bavarian enterprise.
For more information:
Obere Tiefenbachstraße 1, D-83734 Hausham, Tel. +49 8026 92538-15