DGAP-Adhoc: Manz AG adjusts earnings forecast for financial year 2019
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DGAP-Ad-hoc: Manz AG / Key word(s): Change in Forecast Publication of inside information pursuant to Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation) Manz AG adjusts earnings forecast for financial year 2019 Reutlingen, November 11, 2019 - The Managing Board of Manz AG, Reutlingen (ISIN: DE000A0JQ5U3), has decided to adjust its earnings forecast for financial year 2019 on the basis of the financial statements for the first nine months of 2019 and the updated full-year plan. Previously, the Managing Board had assumed that revenues for the current financial year would be slightly lower than in the previous year, with a positive EBITDA margin in the mid-single-digit percentage range and a positive EBIT margin in the low single-digit percentage range. The Managing Board now expects a positive EBITDA margin in the lower single-digit percentage range and a negative EBIT in the upper single-digit million range for the financial year 2019, with revenues slightly below the previous year's level. For this reason, Manz AG will publish the complete financial report for the first nine months of 2019 today, November 11, 2019. Additional information: ISIN: DE000A0JQ5U3 Manz AG Investor Relations Contact: Manz AG cometis AG
11-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Manz AG |
| Steigäckerstr. 5 | |
| 72768 Reutlingen | |
| Germany | |
| Phone: | +49 (0) 7121 9000-0 |
| Fax: | +49 (0) 7121 9000-99 |
| E-mail: | [email protected] |
| Internet: | http://www.manz.com |
| ISIN: | DE000A0JQ5U3 |
| WKN: | A0JQ5U |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 909795 |
| End of Announcement | DGAP News Service |
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909795 11-Nov-2019 CET/CEST
Manz AG Stock
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