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XING continues to consolidate its position as the largest online business network in German-speaking countries with more than 18 million members now registered on and using XING in Germany, Austria and Switzerland.

At today’s AGM, shareholders of Hamburg-based NEW WORK SE (ISIN DE000NWRK013) approved the dividend payment proposed by the Executive Board and Supervisory Board. Investors with shares entitled to receive a dividend will receive EUR 2.59 per share, amounting to a total payout of EUR 14.6 million.

NEW WORK SE (formerly XING SE), which also operates the XING and kununu platforms, today reported its figures for the first quarter of 2020. Despite the considerable effects of the coronavirus pandemic on B2B new customer acquisitions, NEW WORK SE reported revenue growth of 10 per cent, up from €62.6 million in Q1 2019 to €68.9 million in Q1 2020.

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