EQS-Ad-hoc: technotrans SE / Key word(s): Change in Forecast
technotrans adjusts its medium-term forecast for the financial year 2025 due to macroeconomic conditions
15-Nov-2024 / 19:01 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.
Sassenberg, November 15, 2024 - Due to the current weak economic forecasts for the German economy in 2025, which are included as a key influencing factor in the current budgeting for the coming financial year with regard to the markets in which technotrans is active, the Board of Management of technotrans SE is adjusting its medium-term forecast for the financial year 2025 as of today and now expects consolidated revenue in a range of € 245 million to € 265 million (previously: € 265 million to € 285 million) with a consolidated EBIT margin of 7.0 % to 9.0 % (previously: 9.0% to 12.0%). The return on capital employed (ROCE) is expected to be in the range of 13.0 % to 16.0 % (previously: above 15 %).
The business performance of technotrans group in the first 9 months of the 2024 financial year and the associated outlook for the year are within the expectations published by the company at the lower end of the ranges. As announced, the company will provide information on this on November 19, 2024 as part of its regular quarterly reporting.
Contact: technotrans SE, Investor Relations, Frank Dernesch, Tel. +49 (0)2583/301-1868
E-mail: frank.dernesch@technotrans.de
End of ad hoc announcement
End of Inside Information
15-Nov-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: |
technotrans SE |
|
Robert-Linnemann-Str. 17 |
|
48336 Sassenberg |
|
Germany |
Phone: |
+49 (0)2583 - 301 - 1000 |
Fax: |
+49 (0)2583 - 301 - 1030 |
E-mail: |
info@technotrans.de |
Internet: |
http://www.technotrans.de |
ISIN: |
DE000A0XYGA7 |
WKN: |
A0XYGA |
Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: |
2031545 |
|
End of Announcement |
EQS News Service |
2031545 15-Nov-2024 CET/CEST
EQS-Ad-hoc: technotrans SE / Key word(s): Change in Forecast
technotrans adjusts its medium-term forecast for the financial year 2025 due to macroeconomic conditions
15-Nov-2024 / 19:01 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.
Sassenberg, November 15, 2024 - Due to the current weak economic forecasts for the German economy in 2025, which are included as a key influencing factor in the current budgeting for the coming financial year with regard to the markets in which technotrans is active, the Board of Management of technotrans SE is adjusting its medium-term forecast for the financial year 2025 as of today and now expects consolidated revenue in a range of € 245 million to € 265 million (previously: € 265 million to € 285 million) with a consolidated EBIT margin of 7.0 % to 9.0 % (previously: 9.0% to 12.0%). The return on capital employed (ROCE) is expected to be in the range of 13.0 % to 16.0 % (previously: above 15 %).
The business performance of technotrans group in the first 9 months of the 2024 financial year and the associated outlook for the year are within the expectations published by the company at the lower end of the ranges. As announced, the company will provide information on this on November 19, 2024 as part of its regular quarterly reporting.
Contact: technotrans SE, Investor Relations, Frank Dernesch, Tel. +49 (0)2583/301-1868
E-mail: frank.dernesch@technotrans.de
End of ad hoc announcement
End of Inside Information
15-Nov-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: |
technotrans SE |
| Robert-Linnemann-Str. 17 |
| 48336 Sassenberg |
| Germany |
Phone: |
+49 (0)2583 - 301 - 1000 |
Fax: |
+49 (0)2583 - 301 - 1030 |
E-mail: |
info@technotrans.de |
Internet: |
http://www.technotrans.de |
ISIN: |
DE000A0XYGA7 |
WKN: |
A0XYGA |
Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: |
2031545 |
|
End of Announcement |
EQS News Service |
2031545 15-Nov-2024 CET/CEST
|