EANS-Adhoc: FACC AG / FACC AG ANNOUNCES A NEGATIVE EBIT AND A DECREASE INREVENUES FOR THE 2014/15 FISCAL YEAR BECAUSE OF DELAYED RECOGNITION OF REVENUESFROM CUSTOMERS (PRELIMINARY RESULT)

08.05.2015

EANS-Adhoc: FACC AG / FACC AG ANNOUNCES A NEGATIVE EBIT AND A DECREASE INREVENUES FOR THE 2014/15 FISCAL YEAR BECAUSE OF DELAYED RECOGNITION OF REVENUESFROM CUSTOMERS (PRELIMINARY RESULT)

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.

Financial Figures/Balance Sheet
08.05.2015

Notwithstanding continuing order backlog growth and a double-digit growth in
product output across all business divisions for the 2014/15 fiscal year, FACC
AG announces today delays in recognition of revenues from customers in an
aggregate amount of approx. EUR 34.0 million. These delays relating to two large
programs will result in a negative EBIT for FACC AG's 2014/15 fiscal year of EUR
4.5 million and a decline in revenues to EUR 528.9 million (2013/14: EUR 547.4
million). FACC AG is in advanced negotiations with such customers regarding the
settlement of the related contract amendments. The management will provide an
update on these negotiations as well as the 2014/15 full year financial results
on May 21, 2015.

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

Contact

Andreas Perotti
Director Marketing & Communications
Tel.: +43/59/616-1142
Cell: +43/664/ 80 119 1142
E-Mail: a.perotti@facc.com

About FACC

FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aircraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In the fiscal year 2022, FACC achieved 607 million Euro in revenues. Approximately 3,500 people from over 45 nations are employed at 15 international locations worldwide, with around 3,000 of them based in Austria. The company is listed on the Vienna Stock Exchange. For more information please visit facc.com.