EQS-Ad-hoc: FACC AG / Key word(s): Preliminary Results/Change in Forecast
Ried im Innkreis, 22nd February 2023 - FACC AG has announced that its revenue and earnings for the financial year 2022 are expected to deviate from the guidance. According to initial analyses of the preliminary results as part of the ongoing year-end closing process, the forecasted revenue increase of 10% over the previous year will be exceeded. At the same time, the three-fold increase in the operating result compared to the previous year will not be achieved. Revenue and EBIT are expected to be in the range of EUR 600 million and EUR 5 million respectively.
Reasons for the higher revenue include the one-time settlement of project-related development costs as well as increased demand for product deliveries. Earnings are impacted by difficulties along the supply chain, rising material and energy costs in connection with the geopolitical situation, and the sharp rise in inflation.
22-Feb-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com |
Language: | English |
Company: | FACC AG |
Fischerstraße 9 | |
4910 Ried im Innkreis | |
Austria | |
Phone: | +43/59/616-0 |
Fax: | +43/59/616-81000 |
E-mail: | office@facc.com |
Internet: | www.facc.com |
ISIN: | AT00000FACC2 |
WKN: | A1147K |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange (Official Market) |
EQS News ID: | 1566253 |
End of Announcement | EQS News Service |
|
1566253 22-Feb-2023 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.