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INDUS Holding AG
Earnings Release • May 7, 2020
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Earnings Release
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News Details
Ad-hoc | 7 May 2020 15:09
INDUS Holding AG: INDUS Holding AG withdraws the forecast for financial year 2020
INDUS Holding AG / Key word(s): Change in Forecast
INDUS Holding AG: INDUS Holding AG withdraws the forecast for financial year 2020
07-May-2020 / 15:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
Key Words: Change in Forecast
INDUS Holding AG withdraws the forecast for financial year 2020
Bergisch Gladbach, 07 May 2020 – Based on the preliminary consolidated figures for the first quarter of 2020, INDUS Holding AG expects for the first quarter of 2020 consolidated sales of EUR 401.2 million (Q1 2019: EUR 437.6 million), an operating profit (EBIT) of EUR 16.0 million (Q1 2019: EUR 33.6 million) and earnings after taxes of EUR 8.9 million (Q1 2019: EUR 19.9 million). Due to the macroeconomic impact of the COVID-19 pandemic, the effects on planning for the rest of the year 2020 cannot be reliably quantified anymore at the moment. From today’s perspective the Management Board assumes that the forecast for 2020 communicated on 30 March 2020 on page 116 of the Annual Report 2019 will not be achieved. INDUS Holding AG will publish an updated forecast as soon as this is reliably possible.
The composition of EBIT corresponds to the presentation on page 121 of the Annual Report 2019 of INDUS Holding AG.
Contact:
Dafne Sanac & Jana Külschbach
Investor Relations & Public Relations
INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany
Tel +49 (0) 022 04 / 40 00-32
Tel +49 (0) 022 04 / 40 00-35
E-Mail [email protected]
E-Mail [email protected]
www.indus.de
07-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | INDUS Holding AG |
| Kölner Straße 32 | |
| 51429 Bergisch Gladbach | |
| Germany | |
| Phone: | +49 (0)2204 40 00-0 |
| Fax: | +49 (0)2204 40 00-20 |
| E-mail: | [email protected] |
| Internet: | www.indus.de |
| ISIN: | DE0006200108 |
| WKN: | 620010 |
| Indices: | SDAX |
| Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange |
| EQS News ID: | 1038695 |
| End of Announcement | DGAP News Service |