EDAG Engineering Group AG

DGAP-Adhoc: EDAG Engineering Group AG: Preliminary H1 2016 results of EDAG Engineering Group AG: Slight increase in revenues, decrease in adjusted EBIT, adjustment of 2016 forecast


DGAP-Ad-hoc: EDAG Engineering Group AG / Key word(s): Preliminary Results
EDAG Engineering Group AG: Preliminary H1 2016 results of EDAG Engineering Group
AG: Slight increase in revenues, decrease in adjusted EBIT, adjustment of 2016
forecast

11.08.2016 / 11:42
Disclosure of an inside information according to Article 17 MAR.
The issuer is solely responsible for the content of this announcement.

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Preliminary H1 2016 results of EDAG Engineering Group AG: Slight increase in
revenues, decrease in adjusted EBIT, adjustment of 2016 forecast

Arbon, August 11th, 2016. Based on preliminary figures, EDAG Engineering Group
AG has increased revenues at group level from 355 million Euros in the
previous-year period to 362 million Euros in H1 2016. The mainly by ppa-effects
adjusted EBIT was at about 22.5 million Euros and therewith 36% below the
previous-year results of 32.6 million Euros. The unadjusted EBIT was at 18.7
million Euros compared to 32.6 million Euros in the previousyear  period.

On the basis of the development of H1 and the still challenging market
environment, EDAG adjusts the forecast for the full year to a moderate increase
in revenues in the lower single-digit percentage range and an adjusted
EBIT-margin of 6-8%. The dividend shall remain stable with 0.75 Euros per share.

The final numbers for H1 2016 will be published on August 24th, 2016.

Contact

Sebastian Lehmann
Head of Investor Relations
Tel.: +49-611-7375-168
Email: ir@edag-group.ag
www.ir.edag.com

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11.08.2016  The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English

Company:  EDAG Engineering Group AG

          Schlossgasse 2

          9320 Arbon

          Switzerland

Phone:    +41 71 54433-0

E-mail:ir@edag-group.ag

Internet: www.edag.com

ISIN:     CH0303692047

WKN:      A143NB

Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial
Market in Berlin, Dusseldorf, Munich, Stuttgart


End of News DGAP News Service
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