Ad-hoc | 16 August 2010 16:17
INDUS Holding AG / Change in Forecast
16.08.2010 16:17
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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INDUS upgrades its projections for 2010 significantly
- Sales expectations EUR 900 million
- EBIT target raised to EUR 75 to 80 million
Bergisch Gladbach, August 16, 2010 - INDUS Holding AG has upgraded its
consolidated sales and earnings projections for 2010 for the second time
this year.
According to preliminary figures, first-half sales amounted to approx. EUR
450 million (previous year: EUR 361.7 million), representing around 25
percent sales growth, while EBIT for the first six months exceeded EUR 46
million (previous year: EUR 22.1 million). This represents an increase by
around 110 percent.
In view of the positive business trend in the first half-year, continued
high demand from the construction and medical engineering sectors and the
increase in demand in the automotive and mechanical engineering industries,
INDUS now expects to generate a significantly higher consolidated EBIT of
EUR 75 to 80 million in the fiscal year 2010 (formerly EUR 70 million).
Group sales are projected to rise to approx. EUR 900 million in 2010
(formerly EUR 850 million). The improvement in EBIT will be in accordance
with positive net income.
INDUS had upgraded its start-of-year projections (EUR 800 million in sales,
EUR 60 to 70 million in EBIT) already on July 1, 2010.
The interim report on the first half will be published in August 26, 2010.
Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail wolter@indus.de
16.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Deutschland
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: indus@indus.de
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Hamburg, München, Berlin, Stuttgart
End of News DGAP News-Service
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