DGAP-News
Wacker Neuson SE: Wacker Neuson Group: Market squeeze in third quarter of 2015 - Seite 3
Growth forecast for 2015 revised
The Group recently adjusted its forecast for the current year as a result
of these latest business developments. "We do not believe that we will be
able to fully compensate for market downturns during the fourth quarter.
This has led us to revise our revenue and profit forecasts. Our performance
in recent years, however, shows that Wacker Neuson remains ideally
positioned, both strategically and operationally, to master current and
also future market challenges," concludes Peksaglam confidently.
The company expects Group revenue to amount to between EUR 1.35 and 1.40
billion (2014: EUR 1.28 billion) and the EBIT margin to range between 7.0
and 8.0 percent (2014: 10.6 percent). The Group still expects free cash
flow for the year to be positive.
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The company will be publishing its nine-month report on November 12, 2015.
It plans to issue its forecast for the coming year in March 2016 when it
publishes its results for 2015.
Table: Revenue and profit (preliminary figures)
Key figures In EUR Million_Q3/15_Q3/14_Change (adjusted for currency
effects)_9M/15_9M/14_Change (adjusted for currency effects)
Revenue_311.0_316.2_-1.6% (-4.4%)_1,017.4_936.2_8.7% (4.0%)
EBIT_15.5_40.1_-61.3%_81.2_103.5_-21.5%
EBIT margin as a %_5.0_12.7_-7.7PP_8.0_11.1_-3.1 PP
Revenue by segment
Europe_220.4_230.1_-4.2% (-4.3%)_730.7_689.3_6.0% (5.3%)
Americas_79.2_76.8_3.1% (-7.4%)_254.1_220.2_15.4% (-0.3%)
Asia-Pacific_11.4_9.3_22.6% (19.8%)_32.6_26.6_22.6% (12.0%)
Light Equipment_107.2_105.9_1.2% (-4.8%)_320.4_309.3_3.6% (-5.3%)
Compact Equipment_136.4_144.2_-5.4% (-5.8%)_506.6_441.4_14.8% (13.3%)
Services_73.7_70.7_4.2% (1.0%)_207.1_198.5_4.3% (0.2%)
Your contact at Wacker Neuson:
Katrin Yvonne Neuffer
Head of Corporate Communication /
Investor Relations
Preussenstrasse 41
80809 Munich
Tel. +49-(0)89-35402-173
katrin.neuffer@wackerneuson.com
www.wackerneusongroup.com
About the Wacker Neuson Group
The Wacker Neuson Group is an international family of companies and a
leading manufacturer of light and
compact equipment with over 50 affiliates and 140 sales and service
stations. The Group offers its customers a
broad portfolio of products, a wide range of services and an efficient,
global spare parts service. The product
brands Wacker Neuson, Kramer and Weidemann belong to the Wacker Neuson
Group. Wacker Neuson is the
partner of choice among professional users in construction, gardening,
landscaping and agriculture, as well as
among municipal bodies and companies in industries such as recycling and
energy. In 2014, the Group achieved
revenue of EUR 1.28 billion, employing over 4,500 people worldwide.
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21.10.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News Service
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404449 21.10.2015
It plans to issue its forecast for the coming year in March 2016 when it
publishes its results for 2015.
Table: Revenue and profit (preliminary figures)
Key figures In EUR Million_Q3/15_Q3/14_Change (adjusted for currency
effects)_9M/15_9M/14_Change (adjusted for currency effects)
Revenue_311.0_316.2_-1.6% (-4.4%)_1,017.4_936.2_8.7% (4.0%)
EBIT_15.5_40.1_-61.3%_81.2_103.5_-21.5%
EBIT margin as a %_5.0_12.7_-7.7PP_8.0_11.1_-3.1 PP
Revenue by segment
Europe_220.4_230.1_-4.2% (-4.3%)_730.7_689.3_6.0% (5.3%)
Americas_79.2_76.8_3.1% (-7.4%)_254.1_220.2_15.4% (-0.3%)
Asia-Pacific_11.4_9.3_22.6% (19.8%)_32.6_26.6_22.6% (12.0%)
Light Equipment_107.2_105.9_1.2% (-4.8%)_320.4_309.3_3.6% (-5.3%)
Compact Equipment_136.4_144.2_-5.4% (-5.8%)_506.6_441.4_14.8% (13.3%)
Services_73.7_70.7_4.2% (1.0%)_207.1_198.5_4.3% (0.2%)
Your contact at Wacker Neuson:
Katrin Yvonne Neuffer
Head of Corporate Communication /
Investor Relations
Preussenstrasse 41
80809 Munich
Tel. +49-(0)89-35402-173
katrin.neuffer@wackerneuson.com
www.wackerneusongroup.com
About the Wacker Neuson Group
The Wacker Neuson Group is an international family of companies and a
leading manufacturer of light and
compact equipment with over 50 affiliates and 140 sales and service
stations. The Group offers its customers a
broad portfolio of products, a wide range of services and an efficient,
global spare parts service. The product
brands Wacker Neuson, Kramer and Weidemann belong to the Wacker Neuson
Group. Wacker Neuson is the
partner of choice among professional users in construction, gardening,
landscaping and agriculture, as well as
among municipal bodies and companies in industries such as recycling and
energy. In 2014, the Group achieved
revenue of EUR 1.28 billion, employing over 4,500 people worldwide.
---------------------------------------------------------------------
21.10.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News Service
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404449 21.10.2015
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