Francotyp-Postalia Holding AG / DE000FPH9000
02.08.2024 - 16:42:45Francotyp-Postalia Holding AG: Adjustment of forecast for financial year 2024
EQS-Ad-hoc: Francotyp-Postalia Holding AG / Key word(s): Forecast 02-Aug-2024 / 16:42 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. Berlin, August 2, 2024 - Based on preliminary figures for the first half of 2024, the Management Board of Francotyp-Postalia Holding AG (ISIN DE000FPH9000) today determined that the business development is not in line with the Group's planning for the fiscal year. Therefore, it was decided to adjust the forecast for fiscal year 2024. Instead of expecting a revenue level similar to or slightly below the previous year, a revenue decline of up to 6% is now projected. Despite the measures already taken, profitability will also not develop as originally expected. Therefore we expect that earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to fall not only slightly but by up to 12% compared to the previous year. In the 2023 financial year, FP generated revenue of 241.8 million euros and EBITDA of 31.0 million euros. The half-year report will be published on 29 August 2024. . For investor relations and press inquiries, please contact: Dr. Monika Plum Head of Strategy & Investor Relations Tel.: +49 (0)30 220 660 410 E-Mail: ir@francotyp.com Contact: Francotyp-Postalia Holding AG Investor Relations Telefon: +49 (0)30 220 660 410 Telefax: +49 (0)30 220 660 425 E-Mail: ir@francotyp.com End of Inside Information 02-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: | Francotyp-Postalia Holding AG |
Prenzlauer Promenade 28 | |
13089 Berlin | |
Germany | |
Phone: | +49 (0)30 220 660 410 |
Fax: | +49 (0)30 220 660 425 |
E-mail: | ir@francotyp.com |
Internet: | www.fp-francotyp.com |
ISIN: | DE000FPH9000 |
WKN: | FPH900 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1960309 |
End of Announcement | EQS News Service |
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1960309 02-Aug-2024 CET/CEST