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SGL CARBON SE — Earnings Release 2013
Apr 18, 2013
389_rns_2013-04-18_ca06fcf7-7d11-4386-802e-b1483f64df5b.html
Earnings Release
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News Details
Ad-hoc | 18 April 2013 07:30
SGL CARBON SE: Slower than expected start into 2013 and uncertain business recovery across all Business Areas leads to an adjustment of the annual guidance for 2013
SGL CARBON SE / Key word(s): Change in Forecast
18.04.2013 07:30
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Wiesbaden, April 18, 2013. Due to a slow start to the year particularly in
the Business Areas Graphite Materials & Systems (GMS) and Carbon Fibers &
Composites (CFC), SGL Group expects Q1/2013 EBITDA to reach only EUR 32-35
million.
Additionally, due to the increasing uncertainty about the business recovery
in H2/2013, SGL Group now expects EBITDA to be 20-25% lower in 2013
compared to 2012 (2012: EUR 240 million before write-offs) and the earlier
expectation of 10-15% reduction.
The report on the first quarter 2013 and details on the new outlook will be
published on April 26, 2013.
Information and Explaination of the Issuer to this News:
Important note:
This press release may contain forward-looking statements based on the
information currently available to us and on our current projections and
assumptions. By nature, forward-looking statements involve known and
unknown risks and uncertainties, as a consequence of which actual
developments and results can deviate significantly from these
forward-looking statements. Forward-looking statements are not to be
understood as guarantees. Rather, future developments and results depend on
a number of factors; they entail various risks and unanticipated
circumstances and are based on assumptions which may prove to be
inaccurate. These risks and uncertainties include, for example,
unforeseeable changes in political, economic, legal, and business
conditions, particularly relating to our main customer industries, such as
electric steel production, to the competitive environment, to interest rate
and exchange rate fluctuations, to technological developments, and to other
risks and unanticipated circumstances. Other risks that in our opinion may
arise include price developments, unexpected developments connected with
acquisitions and subsidiaries, and unforeseen risks associated with ongoing
cost savings programs. SGL Group does not intend or assume any
responsibility to revise or otherwise update these forward-looking
statements.
18.04.2013 DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: SGL CARBON SE
Söhnleinstraße 8
65201 Wiesbaden
Germany
Phone: +49 (0)611 6029 - 0
Fax: +49 (0)611 6029 - 101
E-mail: [email protected]
Internet: www.sglgroup.de
ISIN: DE0007235301, DE000A1RFKR2
WKN: 723530, A1RFKR
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service