SW Umwelttechnik Stoiser & Wolschner AG

euro adhoc: SW Umwelttechnik Stoiser & Wolschner AG
SW Umwelttechnik adjusts 2008 earnings forecast to market conditions

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* Pressure on margins in Hungary due to harsh economic climate * EBIT to hold at previous year's level * Outlook particularly positive for Water Conservation Sector in 2009

SW Umwelttechnik - a listed family business with its  core  markets   in  Central and Southeastern Europe -  has  adjusted  its  earnings   forecast  for  2008  in response to current  changed  market   conditions,  especially  in  Hungary.  The forecast for revenue growth remains in place,  and  EBIT  should  hold  at  last year's level despite the adverse trading environment.

SW Umwelttechnik has further expanded its market share  in  Hungary, but  sharp increases in energy and material costs squeezed margins in the  second  quarter. Uncertainties on financial markets have led to delays in projects,  particularly in the  industrial  and  commercial sectors,  and  as  a  result  the  earnings contribution from the Hungarian market is likely to fall in the second half.

In the group's key  growth  market,  Romania,  order  backlog  has   again  risen sharply,  and  the  outlook  for  the  coming  year    is highly    encouraging, particularly for the group's Water Conservation sector.  Because  of  this,  the expansion project at the  Bucharest site  to  create  capacity  for  the  Water Conservation sector is to due begin near  the  end  of  2008  as  planned,  with commissioning is scheduled for the summer of 2009.

Revenue and earnings in Austria are set to exceed expectations, and the  outlook for investment in infrastructure in 2009 is positive. Due to anticipated slow economic  growth  in  Central  and   Southeastern  Europe management has downgraded its EBIT guidance for 2008  to  the  previous  year's level. However the revenue growth forecast is unchanged.

SW Umwelttechnik will include a more detailed  discussion  of   performance  this year and a revised outlook for 2008 and 2009 in its interim report on the  third quarter, to be published on 17 November 2008.

Founded in 1910, SW Umwelttechnik remains a family business, though it has  been listed on the Vienna Stock Exchange since 1997. The group is  widely  identified with sustainable enterprise and rapid   expansion  in  Central  and  Southeastern Europe (CSE). Its innovative environmental technology products are  contributing to infrastructure renewal in CSE.

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ots Originaltext: SW Umwelttechnik Stoiser & Wolschner AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Dr. Bernd Wolschner
Member of the Management Board
Tel:  +43 / (0) 7259 / 31 35-0
Mobile:        +43 / (0) 664 / 34 13 953
Fax:  +43 / (0) 463 / 37 667

Michaela Werbitsch
Investor Relations
Mobile:        +43 / (0) 664 / 811 76 62
E-mail:  michaela.werbitsch@sw-umwelttechnik.com

Website: www.sw-umwelttechnik.com

Branche: Technology
ISIN:      AT0000808209
WKN:        910497
Index:    WBI
Börsen:  Börse Berlin / free trade
              Börse Frankfurt / free trade
              Wiener Börse AG / Regulated free trade

Weitere Meldungen: SW Umwelttechnik Stoiser & Wolschner AG

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