DGAP-Adhoc

CENTROTEC Sustainable AG: 2014 revenue target achieved amid continuing weak market environment; EBIT of just under EUR 31 million expected

CENTROTEC Sustainable AG / Key word(s): Forecast/Profit Warning

30.01.2015 10:54

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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Brilon, January 30, 2015: According to provisional calculations CENTROTEC
Sustainable AG, Brilon, expects to achieve its revenue target for 2014 with
consolidated revenue reaching around EUR 531 million. The continuing weak
performance of most markets in the fourth quarter of the year and the
development of the Russian rouble, which diminished the result (EBIT) by
over one million euros, are likely to cause the previous earnings forecast
to be narrowly missed at just under EUR 31 million.
CENTROTEC does not expect any significant easing of the unsatisfactory
environment in the current 2015 financial year. The low oil price is
providing little stimulus for a revival in the weak German heating market.
In the continuing absence of an economic recovery in Western and Southern
Europe, along with the Euro crisis and the Ukraine conflict, the
expectations for the international sales markets are subdued. There is
merely the prospect of a renewed positive stimulus towards the end of the
year, when the tougher European and national efficiency requirements for
buildings take effect in the autumn.
The audited 2014 financial statements and Annual Report will be published
on March 26, 2015.

CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in around 50 different countries
through subsidiaries and sales partners. The principal group companies are
Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment,
specialising in heating, climate control and ventilation technology e.g. in
the form of solar thermal systems, CHP units and home ventilation systems
with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue
Systems segment, with their focus on gas flue and air ducting systems.
CENTROTEC is consequently Europe's only listed full-service provider of
heating and climate control technology, solar thermal systems and
energy-saving solutions for buildings.

CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main;
indices: SDAX, Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Carsten Vogt, Tel.: [phone] or
MetaCom GmbH, Georg Biekehör, Tel.: [phone]


30.01.2015 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: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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