Inside information
according to Article 17 MAR
Redaktion |
Turnover and profit forecast in the Group
As part of the ongoing review and updating of the Group's planning, the Executive Board of Alexanderwerk AG has just drawn up a forecast for the following Group consolidated key financial figures.
The Executive Board currently expects and forecasts the following consolidated key financial figures according to IFRS for the 2017 financial year:
The consolidated turnover is expected to range between EUR 27.5 to EUR 28.5 million (2016: EUR 24.6 million).
The consolidated earnings before interest and taxes (EBIT) is expected to range between approx. EUR 4.5 million and EUR 5 million (2016: EUR 4.16 million).
As a result of the positive business development, Alexanderwerk AG’s equity (individual financial statements in accordance with the German Commercial Code (HGB)) would improve and reduce or even eliminate Alexanderwerk AG’s balance sheet over-indebtedness.
The Executive Board expressly notes that the realization of the aforementioned forecast values may depend on various influences, i.a. also from the dates for the delivery of machines in the 4th quarter of 2017 and is therefore naturally subject to uncertainties.
Remscheid, October 27, 2017
Alexanderwerk AG
Executive Board
