checkAd

    DGAP-Adhoc  232  0 Kommentare Wacker Neuson SE: Wacker Neuson Group raises earnings forecast as a result of preliminary figures for October


    Wacker Neuson SE / Key word(s): Change in Forecast/Quarter Results

    04.11.2014 14:44

    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.

    ---------------------------------------------------------------------------

    Anzeige 
    Handeln Sie Ihre Einschätzung zu Wacker Neuson SE!
    Short
    18,57€
    Basispreis
    1,52
    Ask
    × 11,16
    Hebel
    Long
    16,08€
    Basispreis
    1,68
    Ask
    × 10,10
    Hebel
    Präsentiert von

    Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie bei Klick auf das Disclaimer Dokument. Beachten Sie auch die weiteren Hinweise zu dieser Werbung.

    Wacker Neuson SE: Ad hoc press release in line with Article 15 of the
    German Securities Trading Act (WpHG)

    Wacker Neuson Group raises earnings forecast as a result of preliminary
    figures for October

    (Munich, November 4, 2014)

    The Wacker Neuson Group has raised its earnings forecast for the current
    fiscal year as a result of preliminary figures for October. Positive
    business trends in the third quarter have continued into recent weeks. The
    Group's revenue forecast remains unchanged.

    Group revenue for the third quarter of 2014 amounted to EUR 316.2 million,
    an increase of 14 percent relative to the previous year (Q3 2013: EUR 276.3
    million). Profit before interest, tax, depreciation and amortization
    (EBITDA) grew 34 percent to EUR 55.1 million in the third quarter. This
    corresponds to an EBITDA margin of 17.4 percent (Q3 2013: EUR 41.2 million;
    14.9 percent). At EUR 40.1 million, profit before interest and tax (EBIT)
    rose 51 percent, resulting in an EBIT margin of 12.7 percent (Q3 2013: EUR
    26.5 million; 9.6 percent).

    This outperformance of profitability expectations is attributable to a
    number of factors, in particular a favorable regional and product mix
    across light and compact equipment, continued progress in execution of the
    company's strategy and the increased success of ongoing cost and process
    optimization measures across all lines of business.

    During the first nine months of 2014, revenue increased by 9 percent
    overall to EUR 936.2 million (9M 2013: EUR 862.4 million). This corresponds
    to a rise of 11 percent when adjusted to discount currency fluctuations.
    The EBITDA margin amounted to 15.8 percent (9M 2013: 12.9 percent) and the
    EBIT margin was reported at 11.1 percent (9M 2013: 7.8 percent).

    Initial preliminary figures show that these positive trends continued into
    October. Against this backdrop, the Executive Board has increased its
    profit forecast for the year as a whole based on initial preliminary
    figures for October. The Executive Board now expects an EBITDA margin of
    between 14.5 and 15.5 percent (previously 13 to 14 percent; 2013: 13.2
    percent) and an EBIT margin of between 10 and 11 percent (previously 8 to 9
    percent; 2013: 8.2 percent). The new forecast factors in the dip in
    profitability typically associated with the fourth quarter. The Executive
    Board confirms its previous Group revenue forecast for fiscal 2014,
    estimated at between EUR 1.25 and 1.30 billion (2013: EUR 1.16 billion).

    The Group will be publishing its nine-month report on November 11, 2014.
    The company plans to announce its forecast for the coming fiscal year in
    March 2015 when it publishes its figures for 2014.

    Additional information on Wacker Neuson SE shares:
    ISIN: DE000WACK012
    WKN: WACK01
    Admission: Regulated market / Prime Standard; Frankfurt Stock Exchange
    Company headquarters: Germany

    Your contact:

    Wacker Neuson SE

    Katrin Neuffer

    Preussenstr. 41

    80809 Munich

    Germany

    Phone + 49 - (0)89 - 354 02 - 173

    E-mail: ir@wackerneuson.com

    Internet: www.wackerneuson.com


    04.11.2014 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

    ---------------------------------------------------------------------------

    Language: English
    Company: Wacker Neuson SE
    Preußenstr. 41
    80809 München
    Germany
    Phone: +49 - (0)89 - 354 02 - 0
    Fax: +49 - (0)89 - 354 02 - 390
    E-mail: info@wackerneuson.com
    Internet: www.wackerneuson.com
    ISIN: DE000WACK012
    WKN: WACK01
    Indices: SDAX
    Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
    in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

    End of Announcement DGAP News-Service

    ---------------------------------------------------------------------------



    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-Adhoc Wacker Neuson SE: Wacker Neuson Group raises earnings forecast as a result of preliminary figures for October Wacker Neuson SE / Key word(s): Change in Forecast/Quarter Results 04.11.2014 14:44 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 …