Inside information

Updated consolidated turnover and profit forecast / Retained profit

As part of the current preparation of the annual financial statements for the 2018 financial year, the Executive Board of Alexanderwerk AG has just reviewed the annual financial statements and the consolidated financial statements of Alexanderwerk AG.

The Executive Board currently expects and forecasts the following consolidated key financial figures according to IFRS for the 2018 financial year:

The consolidated turnover is expected to range between EUR 27.35 million and EUR 27.45 million (2017: EUR 30.34 million).

The consolidated earnings before interest and taxes (EBIT) is expected to range between approx. EUR 6.05 million and EUR 6.25 million (2017: EUR 6.87 million).

As a result of this positive development of its business, the individual financial statements of Alexanderwerk AG (in accordance with the German Commercial Code (HGB)) are expected to show a retained profit of EUR 1.35 million to EUR 1.55 million.

Alexanderwerk AG expressly notes that the above-mentioned consolidated key financial figures are in each case preliminary, unaudited financial figures that have not been finally audited or attested by the auditors and that they may deviate from the annual financial statements yet to be adopted or from the consolidated financial statements yet to be approved. The Executive Board expects that the final key financial figures can be published by the end of April.

Remscheid, April 3, 2019

Alexanderwerk AG

Executive Board