Earnings Release • May 8, 2015
Earnings Release
Open in ViewerOpens in native device viewer
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Financial Figures/Balance Sheet
Notwithstanding continuing order backlog growth and a double-digit growth in product output across all business divisions for the 2014/15 fiscal year, FACC AG announces today delays in recognition of revenues from customers in an aggregate amount of approx. EUR 34.0 million. These delays relating to two large programs will result in a negative EBIT for FACC AG's 2014/15 fiscal year of EUR 4.5 million and a decline in revenues to EUR 528.9 million (2013/14: EUR 547.4 million). FACC AG is in advanced negotiations with such customers regarding the settlement of the related contract amendments. The management will provide an update on these negotiations as well as the 2014/15 full year financial results on May 21, 2015.
Further inquiry note: Investor Relations:
Manual Taverne
Director Investor Relations
Mobil: 0664/801192819
| E-Mail: [email protected] | |
|---|---|
| issuer: | FACC AG |
| Fischerstraße 9 | |
| A-4910 Ried im Innkreis | |
| phone: | +43/59/616-0 |
| FAX: | +43/59/616-81000 |
| mail: | [email protected] |
| WWW: | www.facc.com |
| sector: | Industrial Components |
| ISIN: | AT00000FACC2 |
| indexes: | |
| stockmarkets: Regulated free trade: Wien | |
| language: | English |
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.