EDAG Engineering Group AG

DGAP-Adhoc: EDAG Engineering Group AG: Preliminary Q1 2016 Results: Slight increase in revenues, decrease in adjusted EBIT


DGAP-Ad-hoc: EDAG Engineering Group AG / Key word(s): Preliminary
Results/Quarter Results
EDAG Engineering Group AG: Preliminary Q1 2016 Results: Slight increase in
revenues, decrease in adjusted EBIT

19.04.2016 / 13:52
Dissemination of an Ad hoc announcement according to § 15 WpHG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc: EDAG Engineering Group AG: Preliminary Q1 2016 Results: Slight increase
in revenues, decrease in adjusted EBIT

In the first quarter 2016 EDAG has increased revenues at group level from 174.7
million Euro in the previous-year period to 182 million Euro. The mainly by
ppa-effects adjusted EBIT was at about 13 million Euro and therewith 25% below
the previous-year results of 17.5 million Euro. Main reasons for the deviation
in the results were, each about half, the lower number of working days as well
as a low productivity compared to the previous-year period. The unadjusted EBIT
was at 10.8 million Euro compared to 15.7 million Euro in the previous-year
period.

For the full year, the executive Management expects an increase in revenues in a
range of 7- 10% and a moderate growth of the adjusted EBIT compared to 2015.

The final numbers for the first quarter will be published on May 10th, 2016.

About EDAG

EDAG is an independent engineering service provider working for the global
automotive industry with customers in the automotive industry at 58 locations
worldwide.

EDAG offers engineering services in the segments vehicle engineering,
electrics/electronics and production solutions. Its competence comprises design,
product development and prototype construction as well as turn-key production
systems. As a technological and innovative leader, the company operates
competence centers for seminal future technologies for the automotive industry:
lightweight design, electro - mobility, car IT and new production technologies.

Contact

Sebastian Lehmann

Tel.: +49-611-7375-168
Email: Sebastian.Lehmann@edag.de
www.ir.edag.com

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Information and Explanation of the Issuer to this News:

About EDAG

EDAG is an independent engineering service provider working for the global
automotive industry with customers in the automotive industry at 58 locations
worldwide.

EDAG offers engineering services in the segments vehicle engineering,
electrics/electronics and production solutions. Its competence comprises design,
product development and prototype construction as well as turn-key production
systems. As a technological and innovative leader, the company operates
competence centers for seminal future technologies for the automotive industry:
lightweight design, electro - mobility, car IT and new production technologies.

Contact

Sebastian Lehmann

Tel.: +49-611-7375-168
Email: Sebastian.Lehmann@edag.de
www.ir.edag.com

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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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