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CENIT AG
Earnings Release • Jul 30, 2018
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Earnings Release
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News Details
Ad-hoc | 30 July 2018 09:04
CENIT AG adjusts earnings expectations
CENIT AG / Key word(s): Change in Forecast
CENIT AG adjusts earnings expectations
30-Jul-2018 / 09:04 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.
Stuttgart, 30 July 2018 – Due to current developments, CENIT AG has revised its forecast of earnings potential for the 2018 financial year. The main reason for this is that the sale of own software is below expectations and cannot be compensated during the second half of the year.
As a result of this development, CENIT AG now expects EBIT for the 2018 financial year to be around EUR 10 million (previous forecast: previous year’s level of EUR 12.8 million). The sales expectation is around EUR 175 to 180 million (previous forecast: approx. EUR 180-185 million).
The final half year financial statements as of June 30, 2018 will be published on August 2, 2018.
Additional information:
ISIN: DE0005407100
WKN: 540710
Ticker symbol: CSH
Market segment: Regulated Market (Prime Standard) on the Frankfurt Stock Exchange
CENIT Aktiengesellschaft
Industriestraße 52-54
70565 Stuttgart
Germany
< End of the ad hoc announcement >
Investor Relations contact
CENIT Aktiengesellschaft
Tanja Marinovic
Tel.: +49 (0)711 – 7825 – 3320
Fax: +49 (0)711 – 7825 – 44 4320
E-mail: [email protected]
30-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | CENIT AG |
| Industriestraße 52 – 54 | |
| 70565 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711 78 25 – 30 |
| Fax: | +49 (0)711 78 25 – 4000 |
| E-mail: | [email protected] |
| Internet: | www.cenit.com |
| ISIN: | DE0005407100 |
| WKN: | 540710 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |