Konrad Hornschuch AG: Paragraph 15 WpHG-Mitteilung

Weißbach (ots-Ad Hoc-Service) - Mitteilung gemäß Paragraph 15 WpHG übermittelt von der DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich.

As a consequence of the continuing crisis in Russia, Konrad Hornschuch AG has lost its single largest export area; also the business in Asia remained significantly below expectations. For the third and fourth quarter of this year the company expects a significant decrease in turnover and expected profits. The management board does no longer expect to reach the previous profit forecasts for 1998. The management board has initiated measures to secure that profits may reach at least last years's level.

Ende der Mitteilung

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