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12.07.2018 – 11:19

EDAG Engineering Group AG

DGAP-Adhoc: EDAG Engineering Group AG: Increase of revenue guidance after strong H1


DGAP-Ad-hoc: EDAG Engineering Group AG / Key word(s): Change in
Forecast/Preliminary Results
EDAG Engineering Group AG: Increase of revenue guidance after strong H1

12-Jul-2018 / 11:12 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.

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EDAG Engineering Group AG: Increase of revenue guidance after strong H1

Arbon, July 12, 2018. Based on preliminary, non-consolidated figures, EDAG
Engineering Group AG (EDAG) has generated revenues of about 390 million Euros in
the first half of 2018. This corresponds to an increase of revenues of ca. 11%
compared to H1 2017. The adjusted EBIT[1]in the first half of 2018 levelled at
about 22.5 million Euros, the adjusted EBIT-margin in H1 was at about 5.8%.
Compared to 15.1 million Euros in the previous year, this corresponds to an
increase of about 50%.
 

Against the background of the strong increase in revenues in the first half
year, the EDAG management adjusts the revenue guidance for the full year 2018.
It is now expected that revenues will increase in a range of 6-8% (before: up to
5%). The guidance for the adjusted EBIT-margin remains unchanged at
approximately 5-7%.
 

The final numbers for H1 2018 will be published on August 22nd, 2018.

 

[1]For a definition of "adjusted EBIT" please see annual report 2017


Contacts:

Sebastian Lehmann
Head of Investor Relations

EDAG Engineering Group AG
Schlossgasse 2
9320 Arbon
Switzerland
Tel.: +41 (0)71 544 33 - 11
Fax: +41 (0)71 544 33 - 10
ir@edag-group.ag
ir.edag.com


Contacts in Germany:

EDAG Engineering GmbH
Kreuzberger Ring 40
65205 Wiesbaden
Tel.: +49-611-7375-168
Mobile: +49-175-8020226
Email: Sebastian.Lehmann@edag.de
www.edag.de
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12-Jul-2018 CET/CEST 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 Announcement DGAP News Service

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703879  12-Jul-2018 CET/CEST