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Softing AG — Earnings Release 2011
Dec 19, 2011
405_rns_2011-12-19_3ce161df-b424-4156-9ce0-c0710de5d150.html
Earnings Release
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Ad-hoc | 19 December 2011 13:14
SOFTING again raises EBIT guidance for 2011 and expects growth momentum to continue unabated in 2012
Softing AG / Key word(s): Change in Forecast
19.12.2011 13:14
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.
SOFTING today announced that based on its excellent sales and earnings
performance in the fourth quarter it expects earnings before interest and
taxes (EBIT) for the current year to come in at around EUR 4 million. Since
this significantly exceeds our previous guidance, we hereby comply with our
duty to provide the respective information. Compared to 2010, in which we
posted EBIT of EUR 1.53 million, this year's EBIT will increase by
approximately 260 percent. As a result, 2011 will be yet another record
year in terms of both sales and earnings.
We expect sales and earnings to continue to grow considerably in 2012.
About Softing:
Softing is a global provider of hardware and software for industrial
automation and automotive electronics. The company develops high-quality
standard technology products in close cooperation with its
customers.
Content:
Dr. Wolfgang Trier
Phone.: +49(0)89 45656 0
Email: [email protected]
Technical realisation:
Phone: +49(0)89 45656 311
Email: [email protected]
19.12.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: [email protected]
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service