AI assistant
FACC AG — Earnings Release 2019
Feb 14, 2019
743_iss_2019-02-14_181ba7d8-cd10-4429-9020-d785d917c244.pdf
Earnings Release
Open in viewerOpens in your device viewer
Publication Date: 14.02.2019 15:10 EANS-Adhoc: FACC adjusts outlook due to Airbus A380 production stop
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Earnings Forecast 14.02.2019
Ried i. Innkreis - Airbus today announced that they will discontinue production and delivery of the A380 in 2021. The reasons for this are the lack of new orders for quite some time and ultimately the partial cancellation of A380 orders from the largest A380 operator. Following Airbus' announcement today to discontinue the delivery of A380 aircraft in 2021, the Management Board is adjusting its EBIT expectations for the financial year 2018/19. Due to a negative one-off effect resulting from the impairment of non-amortized cost for engineering services of approximately EUR 12 million, the earnings forecast for financial year 2018/19 now stands at almost EUR 40 million.
Further inquiry note: Investor Relations: Manuel Taverne Director Investor Relations Mobil: 0664/801192819 E-Mail: [email protected]
end of announcement euro adhoc
| 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 |
| ISIN: | AT00000FACC2 |
| indexes: | |
| stockmarkets: Wien | |
| language: | English |
| Aussendung übermittelt durch euro adhoc | |
|---|---|
| The European Investor Relations Service |