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Schaltbau Group raises forecast for 2013

Schaltbau Holding AG / Key word(s): Change in Forecast
10.04.2013 14:46

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP – a company of EquityStory AG.
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Schaltbau Group raises forecast for 2013

Munich, 10 April 2013 – According to preliminary figures, the companies of the Schaltbau Group registered a new record order-intake of EUR 107.8 million for the first three months of the current fiscal year (31.03.2012: EUR 105.5 million). During the same period Group sales rose significantly by 12.4 per cent from EUR 84.7 million to EUR 95.2 million. All of the Group’s business fields contributed towards this pleasing development of sales. Due to the Group’s dynamic business performance, which surpasses previous expectations by far, and in view of the unchanged positive outlook for the months to come, assuming market conditions remain unchanged, the Executive Board of Schaltbau Holding AG is upwardly adjusting its forecast for the fiscal year 2013. Accordingly, Group sales revenue for 2013 is now predicted to rise to approximately EUR 390 million (previous forecast: EUR 374 million). Earnings from operating activities (EBIT) are now forecast to total EUR 35.9 million (previously: EUR 32.8 million) and returning to a normal tax rate Group net profit is expected to reach EUR 23.5 million (previously: EUR 22.1 million). Earnings per share are thus predicted to amount to EUR 3.24.

10.04.2013 DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Schaltbau Holding AG
              Hollerithstraße 5
              81829 München
Phone:        089 – 93005 – 209
Fax:          089 – 93005 – 318
ISIN:         DE0007170300, DE000A0D66Z2, 
WKN:          717030, A0D66Z2, 
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Stuttgart  
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