Brill’s Q1 results developed in line with management expectations. Schöningh & Fink started the year especially well thanks to a strong front list.
In the quarter we completed negotiations on an expanded financing arrangement which will enable us to fully fund the dividend proposal as well as cover expanded working capital needs. Also, in March the renewed brill.com website was launched combining content, catalogue and e-commerce for all our print and digital books and journals. We expect to retire the current Brill Online platform towards the end of HY1. On April 10th we received news that Brill was awarded the Academic and Professional Publisher Award at the London Book Fair for its innovative capabilities in the areas of Open Access and digital publishing. To receive this award in our 335th year of publishing makes the award even more special.
This early in the year Brill does not issue a concrete outlook for the year end results.
The AGM will take place on Thursday, May 17th (2.00 PM) at the premises of the Company in Leiden, The Netherlands. During the AGM, an all-cash dividend of EUR 1.32 and an extraordinary dividend of EUR 3.00 will be proposed to shareholders. Record date will be May 22nd and dividend payment date will be May 23rd, 2018.

Leiden, April 19, 2018, Herman Pabbruwe, Chief Executive