EANS-Adhoc: BWT Aktiengesellschaft
Profit Warning
BWT lowers earnings outlook for 2013
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Earnings Forecast/Company Information 10.10.2013 - Outlook on net earnings lowered to EUR 10 million after roughly EUR 14 million in 2012 Mondsee, 10.10.2013. Continuing difficult market conditions in the market for public swimming pools in Germany and Austria weigh on earnings of the BWT Group in the current financial year over expectations. Lower income and one-time costs associated with necessary capacity adjustments as well as optimisation and reduction of company locations and the product portfolio will burden group net results in 2013 with EUR 4 million. Therefore, the management board expects net earnings of EUR 10 million for the current financial year 2013 after EUR 14 million in the previous year. Consolidated revenues of the BWT Group are expected at around EUR 500 million for 2013. Further inquiry note: BWT Aktiengesellschaft Mag. Ralf Burchert ralf.burchert@bwt-group.com Tel.: 06232/5011-1113 end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: BWT Aktiengesellschaft Walter-Simmer-Str. 4 A-5310 Mondsee phone: 06232/5011-0 FAX: 06232/4058 mail: office@bwt.at WWW: www.bwt-group.com sector: Water Supply ISIN: AT0000737705 indexes: Standard Market Auction stockmarkets: official market: Wien language: English
Original-Content von: BWT AG, übermittelt durch news aktuell