Viscom AG - Earnings Release 2018

News Details

Ad-hoc | 13 February 2019 15:20

Viscom AG – Preliminary figures for 2018: Revenue target achieved, EBIT slightly below forecast

Viscom AG / Key word(s): Profit Warning/Preliminary Results

Viscom AG – Preliminary figures for 2018: Revenue target achieved, EBIT slightly below forecast

13-Feb-2019 / 15:20 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.

Viscom AG – Preliminary figures for 2018: Revenue target achieved, EBIT slightly below forecast

Hanover, 13 February 2019 – Viscom AG (ISIN DE0007846867) generated consolidated revenue of around EUR 93.6 million in the 2018 financial year based on preliminary figures. This falls within the management’s forecast range (EUR 93 – 98 million) and is around 6 % higher than the prior-year figure (EUR 88.5 million).

At around EUR 10.9 million (previous year: EUR 13.8 million), however, operating profit (EBIT) was lower than forecast (EUR 12.1-14.7 million). Revenue in the financial year was at the lower end of the forecast range for 2018 due to customers requesting that delivery dates be postponed until the next year. Operating profit declined as a result of this as well as increased staff and material costs. The corresponding EBIT-Margin amounted to around 11.7 % (previous year: 15.6 %).

At approximately EUR 98.8 million, incoming orders in the 2018 financial year were up significantly on the prior-year level (EUR 90.3 million). This increase of around 9.4 % was due in particular to higher order volumes from major existing customers. The order backlog amounted to approximately EUR 25.0 million at year-end, up around 26 % year-on-year (previous year: EUR 19.8 million).

These preliminary figures are subject to certification by the auditor and adoption by the Supervisory Board. The final financial and earnings figures for the 2018 financial year will be published on 19 March 2019.

Contact:

Viscom AG

Investor Relations

Anna Borkowski

Carl-Buderus-Str. 9-15

30455 Hannover

Tel.: +49-511-94996-861

Fax: +49-511-94996-555

[email protected]

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Language:	English
Company:	Viscom AG
	Carl-Buderus-Strasse 9-15
	30455 Hannover
	Germany
Phone:	+49 (0) 511 94 996 861
Fax:	+49 (0) 511 94 996 555
E-mail:	[email protected]
Internet:	www.viscom.de
ISIN:	DE0007846867
WKN:	784686
Listed:	Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange