Ad-hoc | 18 August 2015 13:47
QSC AG / Key word(s): Change in Forecast
18.08.2015 13:47
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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QSC raises full-year EBITDA and free cash flow forecast for 2015
Cologne, 18 August 2015. QSC is raising its full-year forecast for 2015 to
account for the further consolidation in July 2015 of the positive trend
already seen in previous months. Accordingly, the Company now expects to
generate EBITDA of more than EUR 42 million and a free cash flow of more
than EUR 5 million based on revenues of more than EUR 400 million. The
Company had previously expected EBITDA of more than EUR 40 million and a
positive free cash flow for the financial year as a whole. One key factor
driving the Company's increased earnings and financial strength is its
consistent implementation of the cost-cutting programme introduced at the
end of February 2015.
Notes:
This ad-hoc announcement contains forward-looking statements that are based
on current expectations and forecasts on the part of the management of QSC
AG with regard to future events. Due to risks or erroneous assumptions,
actual results may deviate materially from these forward-looking
statements.
Contact for enquiries:
QSC AG
Arne Thull
Head of Investor Relations
Tel: +49 221 669-8724
Fax: +49 221 669-8009
E-mail: invest@qsc.de
18.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Köln
Germany
Phone: +49-221-6698-724
Fax: +49-221-6698-009
E-mail: invest@qsc.de
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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