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SW Umwelttechnik Stoiser & Wolschner AG

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

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
17.10.2008
* 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.
end of announcement                               euro adhoc

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

Plus de actualités: SW Umwelttechnik Stoiser & Wolschner AG
Plus de actualités: SW Umwelttechnik Stoiser & Wolschner AG