EQS-Adhoc: FACC AG: Earnings deviate from the outlook communicated for the financial year 2022
EQS-Ad-hoc: FACC AG / Key word(s): Preliminary Results/Change in Forecast
FACC AG: Earnings deviate from the outlook communicated for the financial
year 2022
22-Feb-2023 / 18:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
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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.
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22-Feb-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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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
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