Ad-hoc | 30 November 2006 17:28
Vivanco Gruppe AG from now on excepts a negative EBITDA of EUR 3.0 to 4.0 million for the fiscal year 2006
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The business of Vivanco Gruppe AG and its subsidiaries has developed more
weakly in the current calendar quarter than forecasted in earlier
statements. While the managing board expects the consolidated turnover for
2006 to amount to about EUR 110 to 115 million the EBITDA (Earnings before
Interest, Taxes, Depreciation and Amortisation) will be clearly negative
(minus EUR 3.0 to 4.0 million), the gross margin having decreased due to a
shift in sales to the promotion business (with rather low margins) and a
reduction of surplus stock.
Nevertheless, the company will be able to achieve significantly positive
group results due to the profit contribution resulting from the successful
completion of the financial restructuring in the first half of 2006 as
planned.
Date of the Information: 30 November 2006
(c)DGAP 30.11.2006
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Language: English
Issuer: Vivanco Gruppe AG
Ewige Weide 15-17
22926 Ahrensburg Deutschland
Phone: +49(0) 41 022 31-0
Fax: +49(0) 41 022 31-2 07
E-mail: vivancoag@vivanco.de
WWW: www.vivanco.de
ISIN: DE000A0H52U4
WKN: A0H52U
Indices:
Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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