EANS-Adhoc: GfK SE /The GfK Group significantly exceeds expectations for sales and adjusted operating income

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.


GfK Group

The GfK Group significantly exceeds expectations for sales and adjusted operating income

Nuremberg, February 2, 2011 - Financial year 2010 was very successful for the GfK Group. The development of the fourth quarter underlines this success. According to the Group´s preliminary key data, GfK expects sales to grow at around 11%, or approximately EUR 1,290 million, for the 2010 fiscal year (prior year: EUR 1,165 million). GfK´s organic sales growth is expected to end up at around 7%. Adjusted operating income, which GfK uses as a performance indicator, amounts to approximately EUR 180 million, which corresponds to a margin (ratio of adjusted operating income to sales) of roughly 14%. In 2009, GfK achieved an adjusted operating income of EUR 147.2 million (margin: 12.6%).

As a result, GfK significantly exceeded its previous targets. According to the Group´s guidance its organic sales growth was estimated to be up to 6% and its margin up to 13.5%.

At the end of the first half of 2010, the GfK significantly increased its annual forecast for sales and adjusted operating income and, in an ad hoc announcement on November 2, expressed its confidence that the upper limit of the guidance would be achieved.

GfK will publish its preliminary 2010 financials on February 25, 2011. The Group´s audited financial statements will be published at the accounts press conference on March 31, 2011.

end of announcement                               euro adhoc

Further inquiry note:

Bernhard Wolf
Tel.: +49 (0)911 395 2012

Branche: Consultancy Services
ISIN: DE0005875306
WKN: 587530
Index: SDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Düsseldorf / free trade
Hannover / free trade

Original-Content von: GfK SE, übermittelt durch news aktuell

Weitere Meldungen: GfK SE

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