Schaltbau Group announces forecast for 2014

Schaltbau Holding AG  / Key word(s): Forecast

08.11.2013 12:47

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Schaltbau Group announces forecast for 2014

Munich, 8 November 2013 - In view of Schaltbau's continuing fine business
performance in the fourth quarter 2013, the Executive Board now predicts
earnings per share for the current fiscal year to surpass its April
forecast by around five per cent.

Building on the success of fiscal year 2013, the Executive Board expects to
see stable performance in practically all business fields throughout 2014.
Only the Rail Infrastructure business field is likely to experience a
moderate decline.

Overall, the Schaltbau Group predicts sales to grow to around EUR 410
million in 2014, compared with an expected EUR 395 million in 2013. The
fiscal year 2014 will again be somewhat burdened by upfront expenditure
needed to recruit the additional personnel required to successfully
continue treading the path of sustained growth. For this reason, earnings
from operating activities (EBIT) in 2014 are expected to remain at the high
level of approximately EUR 36 million predicted for 2013. Group net profit
for 2014 is forecast to grow to EUR 25.2 million, with earnings per share
rising to around EUR 3.50.


08.11.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Schaltbau Holding AG
              Hollerithstraße 5
              81829 München
              Germany
Phone:        089 - 93005 - 209
Fax:          089 - 93005 - 318
E-mail:       bloch@schaltbau.de
Internet:     www.schaltbau.de
ISIN:         DE0007170300, DE000A0D66Z2, 
WKN:          717030, A0D66Z2, 
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Berlin, Düsseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------