VISCOM AG (FRA:V6C) Viscom AG - Provisional figures for 2019: revenue target achieved, EBIT slightly below forecast
Transparency directive : regulatory news
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DGAP-Ad-hoc: Viscom AG / Key word(s): Preliminary Results/Profit Warning Viscom AG - Provisional figures for 2019: revenue target achieved, EBIT slightly below forecast Hanover, 24 February 2020 - On the basis of provisional figures, Viscom AG (ISIN DE0007846867) achieved consolidated revenue of around EUR 88.6 million in the 2019 financial year. The company is therefore within the revenue range projected by its management of EUR 85 to EUR 94 million (previous year: EUR 93.6 million). By contrast, EBIT was slightly lower than the forecast amount of EUR 4.3 to EUR 8.5 million at around EUR 4.0 million (previous year: EUR 10.9 million). This was on account of remeasurement effects in various items of the statement of financial position. The corresponding EBIT-Margin thus amounted to around 4.5 %, 0.5 percentage points less than anticipated (5 % to 9 %; previous year: 11.7 %). At around EUR 79.5 million, incoming orders in were down year-on-year in the 2019 financial year (previous year: EUR 98.8 million). In particular, this decline of around 20 % resulted from lower order volumes from major existing customers in addition to the slowdown in global economic growth and industrial production. The order backlog amounted to around EUR 16 million as at the end of the year, approximately 36 % less than the high prior-year figure (previous year: EUR 25 million). These provisional figures have yet to be certified by the auditors and adopted by the Supervisory Board. The final key financial and earnings figures for the 2019 financial year will be published on 24 March 2020. Contact: Viscom AG Investor Relations Anna Borkowski Carl-Buderus-Str. 9-15 30455 Hannover Tel.: +49-511-94996-861 Fax: +49-511-94996-555 investor.relations@viscom.de
24-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | investor.relations@viscom.de |
| 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 |
| EQS News ID: | 982001 |
| End of Announcement | DGAP News Service |
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982001 24-Feb-2020 CET/CEST