08. Jun 2015

WashTec AG: change in guidance 2015


DGAP-Ad-hoc: WashTec AG / Key word(s): Change in Forecast

2015-06-08 / 21:36
Dissemination of an Ad hoc announcement according to § 15 WpHG.
The issuer is solely responsible for the content of this announcement.


Augsburg, 8 June 2015 - After the adjustment of its forecast for the first half of the year due to a very positive first quarter and high order backlog by mid of April, WashTec AG now increases its guidance for the full fiscal year 2015.
Initially WashTec aimed for a revenue increase of 1 to 3 % compared to a revenue of EURm 302.6 in 2014. After revised year end forecasts by the sales units and due to a continuosly high order intake the company now aims for a revenue increase of more than 5% (w/o F/X effects). F/X effects are forecasted to have an additional positive impact on revenues in EUR as a group currency assuming actual F/X rates. The positive revenue development will also impact the EBIT development (EBIT 2014: EURm 18.5) which was forecasted to increase significantly in connection with the full year guidance of annual report 2014. The company will publish a guidance for 2016 in connection with the release of preliminary figures 2015 by beginning of February 2016.

Contact:
WashTec AG
Argonstrasse 7
86153 Augsburg

Tel.: +49 (0)821 - 55 84 - 0
Fax: +49 (0)821 - 55 84 - 1135





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