Ad-hoc | 5 November 2025 11:46
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Ernst Russ AG / Key word(s): Forecast
Hamburg, 05 November 2025 – The Executive Board of Ernst Russ AG (ISIN DE000A161077) today specified its previous forecast for the full year 2025 based on the review of the latest business performance. The expected revenues are now in a range between EUR 152 m and EUR 162 m (previously: range between EUR 147 m and EUR 167 m). Considering vessel sales, the projected range for operating profit is now expected to be between EUR 87 m and EUR 102 m (previously: range between EUR 75 m and EUR 105 m). The operating result from the ongoing vessel operations excluding vessel sales is currently forecasted to range between EUR 48 m and EUR 63 m (previously: range between EUR 43 m and EUR 73 m). The updated forecast reflects the positive business performance achieved so far in the 2025 financial year and is based primarily on already concluded charter contracts, a scheduled technical availability of the Ernst Russ Group’s fleet of around 97%, a stable economic environment, and the assumption of an average exchange rate of 1.18 USD/EUR for the remainder of the financial year. The financial results for the first nine months of 2025 will be published on 11 November 2025. Contact: Ernst Russ AGAnika Hillmer Investor Relations Tel. +49 40 88 88 1 1800 E-Mail: ir@ernst-russ.de End of Inside Information
05-Nov-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Ernst Russ AG |
| Elbchaussee 370 | |
| 22609 Hamburg | |
| Germany | |
| Phone: | +49 (0)40 88881-0 |
| Fax: | +49 (0)40 88881-199 |
| E-mail: | ir@ernst-russ.de |
| Internet: | www.ernst-russ.de |
| ISIN: | DE000A161077 |
| WKN: | A16107 |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt (Scale), Hamburg, Tradegate Exchange |
| EQS News ID: | 2224256 |
| End of Announcement | EQS News Service |
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2224256 05-Nov-2025 CET/CEST