Softing AG - Earnings Release 2018

News Details

Ad-hoc | 1 February 2019 11:15

Softing AG: Preliminary figures

Softing AG / Key word(s): Preliminary Results

Softing AG: Preliminary figures

01-Feb-2019 / 11:15 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.

Preliminary figures of Softing AG:

Softing finished the 2018 fiscal year with its highest revenues ever of EUR 84.0 million (previous year: EUR 78.7 million).

The EBIT amounted to EUR 4.1 million (previous year EUR 2.3 million). This number includes unplanned start-up costs of approx. EUR 1 million for GlobalmatiX which had been acquired in Q1-2018.

Cash and cash equivalents amounted to EUR 9.7 million at year-end (previous year: EUR 10.3 million). Softing’s equity-to-assets ratio improved to 67% (previous year 65%). Net debt has been reduced by approx. EUR 1 million.

Softing enjoys a comfortable volume of orders at hand. The board expects growing revenues and further improvements on EBIT in fiscal year 2019. The Company will issue an initial guidance with the publication of final figures in its 2018 annual report.

The complete annual report for 2018 will be available at www.softing.com from March 29, 2019.

Contact:

Dr. Wolfgang Trier

CEO

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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:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange