Ekotechnika AG

Earnings Release • Jun 19, 2018

News Details

Ad-hoc | 19 June 2018 11:20

Ekotechnika AG raises forecast for financial year 2017/18

Ekotechnika AG / Key word(s): Change in Forecast

Ekotechnika AG raises forecast for financial year 2017/18

19-Jun-2018 / 11:20 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.

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Ekotechnika AG raises forecast for financial year 2017/18

Walldorf, 19 June 2018 – The Executive Board of Ekotechnika AG (primary market; ISIN: DE000A161234), the German holding company of the EkoNiva-Technika Group, the largest dealer of international agricultural machinery in Russia, has raised its forecast for financial year 2017/2018 (September 30). Accordingly, the management now expects consolidated sales revenues of over EUR 150 million (previously: EUR 133 to 140 million) and an EBIT of more than EUR 7 million (previously: around EUR 7 million).

The publication of the 2017/2018 half-year report (March 31) will take place as planned on Friday, 22 June 2018.

Contact

Ekotechnika AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3 58 59 60 // E: info@ekotechnika.de // www.ekotechnika.de

Media / Investor Relations

Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekotechnika.de

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19-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Ekotechnika AG
	Johann-Jakob-Astor-Str. 49
	69190 Walldorf
	Germany
Phone:	+49 (0) 6227 3 58 59 60
E-mail:	info@ekotechnika.de
Internet:	www.ekotechnika.de
ISIN:	DE000A161234
WKN:	A1R1A1
Listed:	Regulated Unofficial Market in Dusseldorf

Notierung vorgesehen. / Intended to be listed.

End of Announcement	DGAP News Service