EANS-Adhoc: GfK confirms sales prediction for 2012 and adjusts income forecast
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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26.10.2012
According to preliminary financial data, GfK increased sales by approximately
11% to EUR376 million in the third quarter as compared to the prior year.
Despite the challenging economic climate, over 3% organic growth was achieved in
the third quarter, compared with 1.7% in the first half of the year. Adjusted
operating income of approximately EUR44 million and the margin of 11.7%
(adjusted operating income to sales), decreased as compared to the prior year
(EUR47 million and 13.9%, respectively).
For 2012, the Group confirms its sales forecast of approximately EUR1.5 billion
(9%+ as compared to the prior year). The original forecast of approximately
13.7% income margin (approx. EUR 205 million) has been adjusted for 2012. It is
now anticipated the margin will be between 12.2% and 12.7%. On the basis of the
strategy "Own the Future" GfK pursues the transformation from a business with a
more local focus to a global scalable business. This secures strong growth in
the future and provides the basis for sustainable margin improvement.
The nine-month results will be published with detailed commentary on 14 November
2012.
Further inquiry note:
Bernhard Wolf
Tel.: +49(0) 911 395 2012
E-Mail: Bernhard.wolf@gfk.com
end of announcement euro adhoc
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issuer: GfK SE
Nordwestring 101
D-90419 Nürnberg
phone: +49 (0)911 395 2012
FAX: +49 (0)911 395 4075
mail: investor.relations@gfk.com
WWW: http://www.gfk.de
sector: Consultancy Services
ISIN: DE0005875306
indexes: SDAX
stockmarkets: free trade: Hannover, Berlin, Hamburg, Düsseldorf, regulated
dealing/prime standard: Frankfurt
language: English
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. 02.02.2011 GfK Group The GfK Group significantly exceeds expectations for sales and adjusted operating ...