• 08.10.2018, 08:03:10
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  • OTE0001

EANS-Adhoc: Q2 2018/19 results below market expectation - outlook for the financial year confirmed

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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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Analysts Comments/Mid Year Results/Quarterly Report
08.10.2018

Ried i. Innkreis - Sales in the second quarter of 2018/19 increased as planned
by 3% to EUR 180 million. The operating result (EBIT) for the second quarter of
2018/19 will amount to EUR 8.7 million (previous year adjusted for one off
items: EUR 11.3 million), with IFRS 15 adjustments of EUR 0.8 million
contributing negative to the result.
Seasonal effects due to annual plant holidays of customers of FACC AG affect
sales in the second quarter. The introduction of new cabin configurations in the
interior segment and associated one-off costs had a negative impact on earnings,
especially in the second quarter of 2018/19. All segments will continue to
contribute positively to the consolidated result.
For the financial year 2018/19, this development during the year will have no
effect. Against this backdrop, the Management Board confirms and concretizes the
outlook for the full 2018/19 financial year. As already announced, sales are
expected to rise as planned moderately and to reach a range of EUR 760 - 770
million. The operating result will increase disproportionately and is expected
to be between EUR 52 and 55 million.
The publication of the quarterly results is scheduled for October 15, 2018.

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

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EAE

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