EANS-Adhoc: FACC AG / Results outlook for the business year 2015/16 below management expectation
07.04.2016
Adhoc
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
Earnings Forecast
07.04.2016
The negotiation of amendments to certain contracts with customers, which had
been ongoing since the last fiscal year and involve a potential earnings
contribution in a low double digit million amount, cannot be finalized during
the fiscal year 2015/16 as previously expected. For the fiscal year 2015/16
management expects an 11% increase in revenues to approximately EUR 585 million
as well as a pronounced increase of operating earnings (EBIT) compared to the
fiscal year 2014/15 - before negative one-off effects from the "Fake President
Incident". Pursuant to its financial calendar FACC AG will release its
consolidated results for the fiscal year 2015/16 on May 25, 2016.
end of announcement euro adhoc
issuer: FACC AG
Fischerstraße 9
A-4910 Ried im Innkreis
phone: +43/59/616-0
FAX: +43/59/616-81000
mail: office@facc.com
WWW: www.facc.com
sector: Industrial Components
ISIN: AT00000FACC2
indexes:
stockmarkets: Regulated free trade: Wien
language: English
Digital press kit: http://www.ots.at/pressemappe/7665/aom