EANS-Adhoc: FACC adjusts its forecast for the short fiscal year 2019.
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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16.01.2020
Ried i. Innkreis - For the 2019 financial year (short financial year),
management currently assumes sales of EUR 668 million (previously EUR 600
million) and a profit margin (EBIT) in a range from 5.2 % to 5.7 % (previously
approximately 6%).
The medium-term growth and earnings targets remain unchanged, albeit depending
on the market development - significant rate increases on growth projects have
been completed. In the coming periods, FACC will focus on a sustainable increase
in profitability through an efficiency improvement program of up to EUR 50
million. There are plans to streamline the supply chain through increased
vertical integration - such as the insourcing of the production of strategic
component groups - as well as a group-wide optimization of business processes.
Further inquiry note:
Investor Relations:
Manuel Taverne
Director Investor Relations
Mobil: 0664/801192819
E-Mail: m.taverne@facc.com
end of announcement euro adhoc
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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
ISIN: AT00000FACC2
indexes:
stockmarkets: Wien
language: English
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 ISIN: AT00000FACC2 indexes: stockmarkets: Wien language: English ...
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 ISIN: AT00000FACC2 indexes: stockmarkets: Wien language: English ...
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 ISIN: AT00000FACC2 indexes: stockmarkets: Wien language: English ...