EQS-Adhoc
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Viscom SE: Adjustment of the annual forecast for the 2024 financial year
- Viscom SE adjusts 2024 forecast; revenue €80-95M.
- EBIT margin expected between -3% and -9% for 2024.
- Cost-cutting measures won't yield short-term results.
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EQS-Ad-hoc: Viscom SE / Key word(s): Change in Forecast Viscom SE: Adjustment of the annual forecast for the 2024 financial year |
Hanover, 6 August 2024 – The management of Viscom SE (ISIN DE0007846867) continues to expect incoming orders and target revenue of € 80 to 95 million for the 2024 financial year, thus confirming the forecast of 23 May 2024. The EBIT-Margin was specified against the backdrop of further delays in projects and the resulting underutilisation of capacity in all divisions and companies. The cost-cutting measures introduced will not yet be effective in the short term to significantly improve future monthly results. The management of Viscom SE now expects an EBIT-Margin before non-recurring effects of between -3 % and -9 % for the 2024 financial year. This corresponds to EBIT before non-recurring effects of between € -2.9 million and € -7.2 million (previous forecast: EBIT before non-recurring effects will be in the low negative range). Due to the ongoing discussions with Viscom SE's Works Council, it is not yet possible to make a reliable statement on the extent of the non-recurring effects. However, these will lead to a further burden on earnings.
Contact:
Viscom SE
Investor Relations
Sandra M. Liedtke
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-791
Fax: +49-511-94996-555
investor.relations@viscom.de
End of Inside Information
06-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Viscom SE |
| Carl-Buderus-Str. 9-15 | |
| 30455 Hannover | |
| Germany | |
| Phone: | +49 (0) 511 94 996 791 |
| Fax: | +49 (0) 511 94 996 555 |
| E-mail: | investor.relations@viscom.de |
| Internet: | www.viscom.com |
| ISIN: | DE0007846867 |
| WKN: | 784686 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1962351 |
| End of Announcement | EQS News Service |
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1962351 06-Aug-2024 CET/CEST
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