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16.01.2020 – 08:00

FACC AG

EANS-Adhoc: FACC adjusts its forecast for the short fiscal year 2019.

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  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.
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16.01.2020

Ried i. Innkreis - For the 2019 financial year (short financial year),
management currently assumes sales of EUR 668 million (previously EUR 600
million) and a profit margin (EBIT) in a range from 5.2 % to 5.7 % (previously
approximately 6%).

The medium-term growth and earnings targets remain unchanged, albeit depending
on the market development - significant rate increases on growth projects have
been completed. In the coming periods, FACC will focus on a sustainable increase
in profitability through an efficiency improvement program of up to EUR 50
million. There are plans to streamline the supply chain through increased
vertical integration - such as the insourcing of the production of strategic
component groups - as well as a group-wide optimization of business processes.




Further inquiry note:
Investor Relations:
Manuel Taverne
Director Investor Relations
Mobil: 0664/801192819
E-Mail: m.taverne@facc.com

end of announcement                         euro adhoc
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issuer:       FACC AG
              Fischerstraße 9
              A-4910 Ried im Innkreis
phone:        +43/59/616-0
FAX:          +43/59/616-81000
mail:      office@facc.com
WWW:       www.facc.com
ISIN:         AT00000FACC2
indexes:      
stockmarkets: Wien
language:     English
 

Original content of: FACC AG, transmitted by news aktuell