Put companies on watchlist
Centrotec SE
ISIN: DE0005407506
WKN: 540750
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Centrotec SE · ISIN: DE0005407506 · EQS - adhoc news (10 News)
Country: Germany · Primary market: Germany · EQS NID: 1154485
10 December 2020 08:23PM

CENTROTEC SE: Year-end rally leads to increase of annual forecast 2020


DGAP-Ad-hoc: Centrotec SE / Key word(s): Profit Warning/Change in Forecast
CENTROTEC SE: Year-end rally leads to increase of annual forecast 2020

10-Dec-2020 / 20:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Brilon, December 10, 2020: Based on the now available, provisional figures for November 2020 and the development of the turnover in December, so far, CENTROTEC SE now anticipates full-year revenues in the order of EUR 710 million to 715 million (previous forecast EUR 690 million to 710 million). The operating result EBIT is expected in the range of EUR 48 million to 50 million (previous forecast EUR 43 million to 46 million).
This strong year-end rally is possibly the consequence of pre-emptive attempts to secure benefits of the reduced VAT-rates in Germany along with turnover of the new air-purifiers. In addition, the tightened restrictions on social distancing during the second wave of the Corona-pandemic have led to a significant reduction of travel and hospitality expenses in the period before Christmas.

CENTROTEC SE
CENTROTEC SE enjoys a presence in around 50 different countries through subsidiaries and sales partners. The principal group companies are Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment, specializing in heating, climate control and ventilation technology e.g. in the form of solar thermal systems, CHP units and home ventilation systems with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue Systems segment, with their focus on gas flue and air piping systems. CENTROTEC is consequently Europe's only listed full-service provider of heating and climate control technology, solar thermal systems and energy-saving solutions for buildings.
CENTROTEC SE, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main; indices: Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC SE, Carsten Vogt, Manager Investor Relations, Tel.: +49 (0)2961 96631-103


10-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Centrotec SE
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: ir@centrotec.de
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1154485

 
End of Announcement DGAP News Service

1154485  10-Dec-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1154485&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Centrotec SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

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.