EQS-Adhoc

Plan Optik AG: Sales forecast increased, expected EBIT margin specified

EQS-Ad-hoc: Plan Optik AG / Key word(s): Change in Forecast Plan Optik AG: Sales forecast increased, expected EBIT margin specified 29-Nov-2022 / 10:00 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

 

Ad-hoc- announcement

 

Publication of an inside information pursuant to Art. 17 of the EU Market Abuse Regulation (MAR)

 

Plan Optik AG: Sales forecast increased, expected EBIT margin specified

 

Elsoff, 29.11.2022 – Plan Optik AG (ISIN DE000A0HGQS8) has continued its successful business development in the second half of the year to date. The microfluidics segment in particular benefited from the continued high demand from important customers. On the basis of the figures available up to and including October, the Management Board is therefore increasing the previously forecast sales range for the full year 2022 to EUR 10.5 million to EUR 11.5 million (previously EUR 8.8 million to EUR 10.7 million). The new corridor takes into account both the overall economic risk situation and the currently quite high level of sick leave, as well as possible postponements of larger orders in the year-end business.

On the earnings side, performance so far this year has also been ahead of plan. Whereas at the end of the first half of the year the Management Board had forecast an EBIT margin in the low double-digit range, depending on sales volumes and the development of prices for energy and intermediate products, it has now concretized its forecast to a range of 12-16 percent. Price levels have stabilized at a high level and so far it has been possible to pass on most of the increased costs. The increased implementation of energy-saving measures should also help to keep profitability high in the future. In view of the current order backlog, the stable financial situation and the demand from existing and potential customers for innovative solutions for microsystems technology and microfluidics, Plan Optik AG continues to expect the successful business development to continue.