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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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Company Information/Company outlook 2011
19.10.2011
MEDION AG: Ad-hoc-announcement pursuant to section 15 German Securities Trading
Act (WpHG)
Essen, 19. October 2011 - When MEDION AG's half-year report was published on
August 12, 2011, the MEDION AG Management Board had already indicated that the
company's original forecast for its 2011 earnings was under threat from the rise
in general economic risks and the associated uncertainty among consumers
regarding purchases of durable goods. These risks have increased in the last two
months.
In this environment, and given the as yet unresolved European sovereign debt
crisis, plus consumers' ongoing reluctance to buy, the MEDION Managing Board now
believes that revenue is likely to be approximately 10 percent lower in 2011
(2010: EUR 1.6 billion). MEDION's market position in Germany and Europe,
however, improved even in this difficult environment. The decline in revenues
which is also due to lower average sales prices will result in EBIT on the level
of the previous year (EUR 28 million).
Investor Relations
Tel.: +49-201-8383-6501
Email: {aktie@medion.com}[HYPERLINK: mailto:aktie@medion.com]
www.medion.com
Further inquiry note:
Investor Relations
Tel.: +49(0)201 83836501
E-Mail: aktie@medion.com
end of announcement euro adhoc
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issuer: MEDION AG
Am Zehnthof 77
D-45307 Essen
phone: +49(0)201 83836500
FAX: +49(0)201 83836510
mail: aktie@medion.com
WWW: http://www.medion.com
sector: Technology
ISIN: DE0006605009
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
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. 10.02.2011 MEDION AG: Ad hoc announcement pursuant to Section 15 German Securities Trading Act (WpHG) According to preliminary unaudited figures, the MEDION Group ...
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