07.04.2016

EANS-Adhoc: FACC AG / Results outlook for the business year 2015/16 below management expectation

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

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.