DGAP-Adhoc: CENIT AG adjusts earnings expectations

2018. július 30., hétfő, 09:04





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


CENIT AG adjusts earnings expectations


30-Jul-2018 / 09:04 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.




Stuttgart, 30 July 2018 - Due to current developments, CENIT AG has revised its forecast of earnings potential for the 2018 financial year. The main reason for this is that the sale of own software is below expectations and cannot be compensated during the second half of the year.



As a result of this development, CENIT AG now expects EBIT for the 2018 financial year to be around EUR 10 million (previous forecast: previous year"s level of EUR 12.8 million). The sales expectation is around EUR 175 to 180 million (previous forecast: approx. EUR 180-185 million).



The final half year financial statements as of June 30, 2018 will be published on August 2, 2018.



Additional information:



ISIN: DE0005407100

WKN: 540710

Ticker symbol: CSH

Market segment: Regulated Market (Prime Standard) on the Frankfurt Stock Exchange



CENIT Aktiengesellschaft

Industriestraße 52-54

70565 Stuttgart

Germany



< End of the ad hoc announcement >



Investor Relations contact



CENIT Aktiengesellschaft

Tanja Marinovic

Tel.: +49 (0)711 - 7825 - 3320

Fax: +49 (0)711 - 7825 - 44 4320

E-mail: t.marinovic@cenit.de











30-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

























Language: English
Company: CENIT AG

Industriestraße 52 - 54

70565 Stuttgart

Germany
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.com
ISIN: DE0005407100
WKN: 540710
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange





 
End of Announcement DGAP News Service




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