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Semperit AG Holding / Transformation measures lead to significant improvement of operating results in Q1-Q3 2019* - Seite 3
by 4.9% year-on-year to EUR 226.0 million. Due to the successful implementation
of operational restructuring measures, profitability was increased again,
whereby EBITDA turned positive again for the first time after a negative first
half-year: EBITDA amounted to EUR 1.5 million in the first three quarters of
2019 after EUR -0.8 million in the same period of the previous year.
Outlook 2019
The Management Board of Semperit will continue systematically the ongoing
restructuring and transformation process. At the same time, the effects of the
global economic slowdown are clearly noticeable. This is reflected to varying
degrees in the declining order books of the segments and is expected to have a
negative impact on earnings particularly in the first half of 2020.
The competitive environment of the Medical Sector has recently intensified
significantly, which - as already announced on 13 November 2019 - might result
in a significant impairment loss in the Medical Sector. Not least against this
background, the Management Board is examining strategic options for the medical
business.
* The figures for Q1-3 2019 are preliminary. On 13 November 2019, Semperit
announced that it had gained new findings on the competitive environment of the
medical business, which might result in a significant impairment loss in the
Medical Sector. Therefore, today's reporting on the first three quarters has
been shortened. The interim Group report as of 30 September 2019 will be
presented when a potential impairment loss has been recognised; the publication
date will be announced separately. Due to adjusting events after the closing
date, the figures presented in today's shortened report might still change until
the approval of the publication.
Further inquiry note:
Monika Riedel
Director Group Communications & Sustainability
+43 676 8715 8620
monika.riedel@semperitgroup.com
Judit Helenyi
Head of Investor Relations
+43 676 8715 8310
judit.helenyi@semperitgroup.com
www.semperitgroup.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-310
FAX: +43 1 79 777-602
mail: judit.helenyi@semperitgroup.com
WWW: www.semperitgroup.com
ISIN: AT0000785555
indexes: ATX PRIME, WBI, ATX GP
stockmarkets: Wien
language: English
Additional content: https://www.presseportal.de/pm/42730/4445689
OTS: Semperit AG Holding
ISIN: AT0000785555
restructuring and transformation process. At the same time, the effects of the
global economic slowdown are clearly noticeable. This is reflected to varying
degrees in the declining order books of the segments and is expected to have a
negative impact on earnings particularly in the first half of 2020.
The competitive environment of the Medical Sector has recently intensified
significantly, which - as already announced on 13 November 2019 - might result
in a significant impairment loss in the Medical Sector. Not least against this
background, the Management Board is examining strategic options for the medical
business.
* The figures for Q1-3 2019 are preliminary. On 13 November 2019, Semperit
announced that it had gained new findings on the competitive environment of the
medical business, which might result in a significant impairment loss in the
Medical Sector. Therefore, today's reporting on the first three quarters has
been shortened. The interim Group report as of 30 September 2019 will be
presented when a potential impairment loss has been recognised; the publication
date will be announced separately. Due to adjusting events after the closing
date, the figures presented in today's shortened report might still change until
the approval of the publication.
Further inquiry note:
Monika Riedel
Director Group Communications & Sustainability
+43 676 8715 8620
monika.riedel@semperitgroup.com
Judit Helenyi
Head of Investor Relations
+43 676 8715 8310
judit.helenyi@semperitgroup.com
www.semperitgroup.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-310
FAX: +43 1 79 777-602
mail: judit.helenyi@semperitgroup.com
WWW: www.semperitgroup.com
ISIN: AT0000785555
indexes: ATX PRIME, WBI, ATX GP
stockmarkets: Wien
language: English
Additional content: https://www.presseportal.de/pm/42730/4445689
OTS: Semperit AG Holding
ISIN: AT0000785555
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