SFC Energy AG: Change of revenue and earnings guidance for the 2015 business year
SFC Energy AG / Key word(s): Profit Warning
09.11.2015 14:45
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SFC Energy AG - Ad-hoc - ISIN DE0007568578
SFC Energy AG: Change of revenue and earnings guidance for the 2015 business year
- Postponement of a large defense project into first half of 2016, can no longer compensate the weakness in other markets
- Weakness in Oil & Gas market continues
- New revenue guidance for 2015 of ca. EUR 48-50 million and profitability below the level of 2014
Brunnthal/Munich, Germany, November 9, 2015 - In the defense market, project decisions and an order to be awarded to SFC Energy AG expected for Q4/15 will be delayed into the first half of 2016. Therefore planned revenues in 2015 will not materialize and can no longer compensate for other markets. Due to the developments mentioned SFC management expects reduced 2015 revenues of ca. EUR 48-50 million and a profitability below the level of 2014.
SFC Energy AG will report its financial results for the third quarter and nine months of 2015 today, one day ahead of the financial calendar, with a separate Corporate News.
SFC Energy AG
Investor Relations:
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Fax. +49 89 673 592-169
Email: ir@sfc.com
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 89827227
Email: sh@crossalliance.de
09.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: SFC Energy AG
Eugen-Saenger-Ring 7
85649 Brunnthal
Germany
Phone: +49 (89) 673 592 - 100
Fax: +49 (89) 673 592 - 169
E-mail: info@sfc.com
Internet: www.sfc.com
ISIN: DE0007568578
WKN: 756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
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