Viscom AG Issues 2024 Forecast Adjustment and Profit Warning

• Viscom AG adjusts its annual forecast for the 2024 financial year due to a difficult market environment.
• The adjustment is driven by the postponement of planned orders and negative findings from the project business.
• The German economy shows weaker signs of recovery compared to other industrialized countries, increasing uncertainty for the second half of 2024.
• New forecast: incoming orders and target revenue of €80 million to €95 million (previously €100 million to €110 million); EBIT before special effects expected to be slightly negative (previously €3.0 million to €8.8 million).
• Viscom AG will continue short-time working at the Hanover site and negotiate with the Works Council on necessary personnel measures to reduce costs.
• Contact information for Investor Relations: Sandra M. Liedtke, Tel.: [phone], [e-mail].

The next important date, Ordinary general meeting, at Viscom is on 29.05.2024.

The price of Viscom at the time of the news was 4,4950EUR and was down -2,18 % compared with the previous day.

Viscom

+0,22 %

-6,21 %

-20,38 %

-19,48 %

-52,23 %

-64,67 %

-65,44 %

-63,05 %

-79,33 %

ISIN:DE0007846867WKN:784686

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